EIA data through August 2026 · updated 2026-10-29

Electricity rates in 98497 — Lakewood, WA

Homes in ZIP 98497 pay about 12.3¢ per kWh (City of Tacoma (WA), Jan–Aug 2026). The Washington average is 14.6¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price12.3¢per kWh
UtilityCity of Tacoma (WA)
WA average14.6¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$98907 kWh/month, 2024

What a month of electricity costs

500 kWh / month$62
900 kWh / month · avg. use$111
1,200 kWh / month$148

Monthly cost at the average price of 12.3¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 98497 is

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Utilities serving 98497

UtilityHome priceAvg. billCustomers in WA
City of Tacoma (WA)
Municipal
12.3¢
Jan–Aug 2026
$98180,357
Puget Sound Energy Inc.
Investor Owned · serves Pierce
20.7¢
Jan–Aug 2026
$1281,091,599
Peninsula Light Company
Cooperative · serves Pierce
10.5¢
2024
$13335,478
PUD No 3 of Mason County
Political Subdivision · serves Pierce
13.8¢
2024
$15633,975
PUD No 1 of Lewis County
Political Subdivision · serves Pierce
9.5¢
2024
$13229,417
Elmhurst Mutual Power & Light Co.
Cooperative · serves Pierce
8.3¢
2024
$10215,410
Lakeview Light & Power
Cooperative · serves Pierce
9.9¢
2024
$1078,238
Tanner Electric Coop
Cooperative · serves Pierce
13.2¢
2024
$2055,436

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Pierce; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Washington price trend

8¢11¢14¢17¢20¢20222023202420252026Washington averageU.S. averageCity of Tacoma (WA) 8¢11¢14¢17¢20¢20222023202420252026Washington averageU.S. averageCity of Tacoma (WA)
Washington averageU.S. averageCity of Tacoma (WA)
Aug 202614.6¢per kWh
vs. 1 year ago+7.2%13.7¢
vs. 5 years ago+42.2%10.3¢
Record high14.9¢May 2026
Avg. home bill$120819 kWh, Aug
EIA forecast, Pacific25.2¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Pacific region, which includes Alaska, California, Hawaii, Oregon, Washington.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 98497

How much does electricity cost in 98497?

About 12.3¢ per kWh for homes (City of Tacoma (WA), Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $111.

Who is the electric utility for 98497?

City of Tacoma (WA), with about 180,357 residential customers in Washington; 13 other utilities also serve parts of the area.

Is electricity in WA getting more expensive?

The Washington residential average was 14.6¢ per kWh in August 2026, up 7.2% from a year earlier; the U.S. average was 18.2¢.