Puget Sound Energy customers will get a one-time credit applied to December and January bills that will save the average residential electric customer about $40. The credit passes along the financial benefit of sale of PSE’s assets in Jefferson County in 2010.

The total amount to be paid to PSE customers will be $59.2 million, which includes interest that has accrued. PSE provides electricity to more than 1.1 million customers in eight counties: Island, King, Kitsap, Kittitas, Pierce, Skagit, Thurston, and Whatcom.

Every current PSE electric customer, residential and business, will receive the credit and customers will not need to request the credit; it will automatically appear on their billing statements.

Because of varying billing cycles, most customers will see a portion of the credit on their December statement, and the remainder on their January bill. The credits will be based on electricity used during the month of December.