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Under the newly approved plan, customerd will pay about 15 percenyt less for power consumed between9 p.m. and 6 Monday through Saturday. Power consumed during the high demandfperiods - between 6 a.m. and 10 a.m. and betweenb 5 p.m. and 9 p.m. - will cost 15 percenty more. The new time-of-day pricing rates will take effect May 1 and will show upon customer'e bill on June 1. Initiallt 300,000 of Puget customers will participate inthe "This program is not a stick to penalize said Gary Swofford, vice president and chief operatingb officer for Puget Sound Energy. "Onm the contrary, it's a carroft to reward them for usint energymore wisely.
If a lot of customerzs just dosmall things, like running theier dishwashers after 9 p.m. at nightr or doing their laundryon Sundays, they'll not only lowefr the personal bills, but they'lo help to limit the amount of high-costf power we buy on the wholesale market." The commission also approves a plan to allow Puge to give business and residential customerd a credit of 5 cents for everyu kilowatt-hour they save beyond a 10 percent cutback in thei r electricity use.
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