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Puget Sound Energy

Puget Sound Energy
Private
Industry Energy, Utility
Founded 1997
Headquarters Bellevue, Washington, United States (Founded: Seattle, Washington)
Key people
Kimberly J. Harris, President and CEO
Products Electricity and natural gas
Revenue $3.23 billion. (2009 Energy Sales)
Owner Macquarie Consortium
Number of employees
3,000
Website www.pse.com

Puget Sound Energy (PSE) is a Washington state energy utility providing electrical power and natural gas primarily in the Puget Sound region of the northwest United States. The utility serves electricity to more than 1.1 million customers in Island, King, Kitsap, Kittitas, Pierce, Skagit, Thurston, and Whatcom counties; and provides natural gas to 750,000 customers in King, Kittitas, Lewis, Pierce, Snohomish and Thurston counties. The company has a 6,000-square-mile (16,000 km2) electric and natural gas service area.

PSE’s electric supplies include utility-owned resources as well as those under long-term contract, for a total capacity of 5,044 megawatts (MW).

PSE owns coal, hydroelectric, natural gas and wind power-generating facilities, with more than 2,900 MW of capacity. Roughly one-third each of PSE generation comes from coal, hydroelectric, and natural gas facilities, with a small remainder coming from wind and energy efficiency programs.

Coal accounts for 36% of PSE’s electricity fuel mix. PSE's partial ownership of Eastern Montana's Colstrip Generating Station represents the single largest power-generating facility PSE owns, approximately 700 MW of generating capacity. In 2010, the Colstrip Generating station was the 8th largest greenhouse gas emitter among power plants in the United States.

Hydroelectricity generates 33% of PSE’s power supply. The company operates three hydroelectric facilities:


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