puget sound energy stock price*

What does PSE stand for in Puget Sound Energy?

The Company operates through its subsidiary, Puget Sound Energy, Inc. (PSE), a utility company. PSE is an electric and natural gas utility primarily engaged in the business of electric transmission, distribution, generation and natural gas distribution.

What does the Puget Sound Energy Company do?

Puget Sound Energy, Inc. provides utility services. The Company generates, transmits, and distributes electricity and natural gas. Puget Sound Energy serves customers in the United States and Canada.

Who is the CEO of Puget Energy?

Effective with the transaction, William "Bill" S. Ayer, chairman and chief executive of Alaska Air Group, became the chairman of the board of directors for Puget Energy and PSE. Reynolds relinquished his three-year title as chairman, but remains as PSE president and chief executive officer.

How many customers does Puget Energy benefit from the merger?

“Our merger with Puget Holdings is already providing benefits to our one million electric and nearly 750,000 natural gas customers in Western Washington,” said Stephen P. Reynolds, president and CEO of Puget Energy and PSE, in a statement.

Is Puget Sound Energy publicly traded?

Puget Sound Energy no longer publicly traded; now owned by holding company. On Feb. 6, the ownership of Puget Sound Energy (PSE) was formally transferred to Puget Holdings, LLC, a group of long-term infrastructure investors including the Macquarie Group based in Australia.

Who bought Puget Sound Energy?

Two of the purchasers—AIMCo and BCI—have been indirect owners of PSE for nearly a decade and are increasing their respective indirect ownership interest in PSE. OAC has held indirect ownership interests in energy and utility companies around the world for more than a decade.

Is Puget Sound Energy for profit?

They are Puget Sound Energy, Avista Utilities, Northwest Natural Gas, Pacific Power, and Cascade Natural Gas. The five IOUs, which also serve other states, exist to make a profit for their shareholders. Between them in 2019, they paid at least $395 million in dividends to shareholders.

Is Puget Sound Energy a gas company?

Puget Sound Energy introduced Washington territory to gas lighting in 1873. Today we operate the state's largest natural-gas distribution system, serving nearly 800,000 gas customers in six counties. We manage a strategically diversified gas-supply portfolio to reduce financial risks and hold down customers' rates.

How does Puget Sound Energy get its electricity?

We also generate electricity with our own thermal power plants. We share ownership of a large coal-fired generating facility in eastern Montana, and we own several natural-gas-fired power plants in the Puget Sound region. Wind power is a very important and increasingly prominent resource for PSE.

What area does Puget Sound Energy cover?

All of Kitsap, Skagit, Thurston, and Whatcom counties; parts of Island, King (not Seattle), Kittitas, and Pierce (not Tacoma) counties.

Did Puget Sound Energy rates go up?

Following the proposed first-year rate increase, requested increases in the second and third year include 2.7% and 1.2% in 2024 and 2025 for residential electric customers and 2.2% and 1.7% for residential gas customers.

Why is my Puget Sound Energy bill so high?

If you consistently use more energy than planned, your budget billing amount will go up. An outstanding balance or payment arrangement can also affect the amount of your bill each month.

What is the average Puget Sound Energy bill?

PSE's average residential electric customer using 900 kWh a month will see a rate increase of 1.85% and can expect to pay $1.81 more, for an average monthly bill of $99.56.

Is Puget Sound Energy a good company?

Puget Sound Energy has an overall rating of 3.8 out of 5, based on over 379 reviews left anonymously by employees. 78% of employees would recommend working at Puget Sound Energy to a friend and 69% have a positive outlook for the business.

Where does Washington state get its natural gas?

Canada supplies most of the natural gas that Washington uses. About three-tenths of the natural gas that enters the state comes directly from Canada, and almost all the rest comes from Canada by way of Idaho.

Why is Puget Sound called whulge?

Long before the explorer George Vancouver began remaking the names and maps of our region, Puget Sound was known as “Whulge,” an onomatopoetic Coast Salish word denoting the sound of waves. If you listen closely, the waves washing against the Puget Sound shoreline make a subtle sound.

Is PSE an American company?

Puget Sound Energy (PSE) is an energy utility company based in the U.S. state of Washington that provides electrical power and natural gas to the Puget Sound region....Puget Sound Energy.TypePrivateWebsitepse.com9 more rows

Where does King County get electricity?

A small portion of King County's electricity is sourced from customer- owned distributed generation as well. Overall, hydroelectricity is the dominant resource in King County, addressing over 50% of the county's electricity needs in 2016. Wind energy accounts for most of remaining renewable resource serving the county.

Is Seattle City Light a government agency?

Seattle City Light is the public utility providing electricity to Seattle, Washington, in the United States, and parts of its metropolitan area, including all of Shoreline and Lake Forest Park and parts of unincorporated King County, Burien, Normandy Park, SeaTac, Renton, and Tukwila.

Who is PSE?

PSE means "Porn Star Experience." The abbreviation PSE is used by sex workers to indicate the level of service they provide (with PSE indicating a particularly energetic or athletic performance).

Who is the Chief Legal and Compliance Officer of Puget Technologies?

Is Puget's projections forward looking?

(OTC Pink: PUGE) ("Puget"), a Nevada corporation subject to reporting pursuant to Sections 13 and 15 (d) of the Securities Exchange Act of 1934, as amended, announces today that Carlos H. Arce, Es q. has been named as Chief Legal & Compliance Officer. Mr. Arce's employment with Puget commenced on October 5, ...

Is Puget Technologies a Nevada corporation?

Although Puget believes that these forward-looking statements and projections are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect Puget’s actual results to differ materially from those expressed in the forward-looking statements and projections.

Is Puget Health a social impact company?

Boca Raton, Florida-- (Newsfile Corp. - October 29, 2021) - Puget Technologies, Inc. (OTC Pink: PUGE) ("Puget"), a Nevada corporation subject to reporting obligations pursuant to Sections 13 and 15 (d) of the Securities Exchange Act of 1934, as amended, announces today that on October 28, 2021, it signed a merger agreement and plan of reorganization with a joint venture formed by Primary Medical Physicians, LLC, a Florida limited liability ("PMP"), Personal Care Medical Group, LLC, ...

Is Puget Technologies a publicly held company?

U.S.-based healthcare company intends to transform the primary care delivery system; NOW Health is the first social impact- driven company created by Puget Technologies Boca Raton, Florida-- (Newsfile Corp. - November 3, 2021) - Today, Puget Technologies, Inc. (OTC PINK: PUGE) ("Puget"), a Nevada corporation subject to reporting obligations pursuant to Sections 13 and 15 (d) of the Securities Exchange Act of 1934, as amended, through Puget Health, announced the launch of a new subsidiary, NOW Healt

What is the UTC for electric and natural gas?

Boca Raton, Florida-- (Newsfile Corp. - September 10, 2021) - Puget Technologies, Inc. (OTC Pink: PUGE) ("Puget"), a publicly held Nevada corporation subject to reporting obligations pursuant to Sections 13 and 15 (d) of the Securities Exchange Act of 1934, as amended, announces today that it has entered into two additional letters of intent to acquire companies in the healthcare industry.The first, Florida Behavioral Center, Inc. (dba "Florida Healthcare System" and referred to as "FHS"), organiz

What is a rate schedule?

As a regulated utility, electric and natural gas tariffs are on file with the state Utilities and Transportation Commission (UTC). The tariffs outline PSE services and rates. Any changes to the tariffs require review and approval of the (UTC).

Who owns Puget Sound Energy?

Rate schedules contain services, prices and rules for service.

How much did the PSE merger cost?

On Feb. 6, the ownership of Puget Sound Energy (PSE) was formally transferred to Puget Holdings, LLC, a group of long-term infrastructure investors including the Macquarie Group based in Australia. New ownership of PSE, including foreign utility investors, was one of the issues raised by proponents of a public takeover of ...

What is the rating of PSE?

Called a merger, the transfer of the private utility company cost $7.4 billion, which PSE officials say provides the cash needed for upgrades in the Northwest-based power and gas network, along with additional generating facilities needed to supply demand for the future.

Who is the chairman of PSE?

16, after both Puget Holdings and PSE accepted the Washington Utilities and Transportation Commission merger approval order, Standard & Poor’s increased PSE’s corporate credit rating to BBB from BBB- and its secured bond rating to A- from BBB+. The ratings upgrade is expected to result in meaningful savings for PSE customers for years to come due to reduced borrowing costs, according to PSE.

Is PSE owned by foreign investors?

PSE also gains new leadership. Effective with the transaction, William "Bill" S. Ayer, chairman and chief executive of Alaska Air Group, became the chairman of the board of directors for Puget Energy and PSE. Reynolds relinquished his three-year title as chairman, but remains as PSE president and chief executive officer. The PSE board also includes Herbert B. Simon, a member of Simon Johnson LLC, a real estate and venture capital investment company in Tacoma. Other board members are from the investor entities.

Is Puget Sound Energy publicly traded?

New ownership of PSE, including foreign utility investors, was one of the issues raised by proponents of a public takeover of the power system in East Jefferson County. Proponents of public power, including the Public Utility District, claimed foreign ownership would further remove local control and impose higher rates. PSE’s supporters, however, said the utility would continue to be regulated by state officials and the merger would provide essential investment dollars in future infrastructure.