Many rate hikes in store for Seattle City Light customers

Many rate hikes in store for Seattle City Light customers

(The Center Square) – A $1.5 billion settlement with three native tribes allowing Seattle City Light to continue to use hydroelectric dams on the Skagit River to provide electricity for Seattle customers could be costly to ratepayers. Planned rate hikes disclosed last week in the agreement between the tribes and the city of Seattle-owned utility were calculated at 0.5% rate per year from 2027 to 2032. But in an interview, Chris Townsend, directo…