Corporate Overview

Puget Energy (NYSE:PSD) is a Bellevue, Washington - based company whose core business is Puget Sound Energy, a regulated utility, providing electric and natural gas service to the growing Puget Sound region of western Washington.

Puget Energy is focused on rebuilding its financial strength by concentrating on its core business: retail utility service within a regulated environment. The company’s strategy emphasizes meeting the energy needs of the growing Puget Sound Energy customer base through incremental, cost-effective energy conservation, low-cost procurement of traditional energy resources, and prudent investment in energy-delivery infrastructure.

As Washington state’s oldest and largest energy utility, with a 6,000-squre-mile service territory stretching stretching across 11 Washington counties, primarily in the Puget Sound region, Puget Sound Energy serves 1 million electric customers and 672,000 natural gas customers.


Puget Sound Energy is regulated by the Washington Utilities and Transportation Commission (WUTC), which designs and sets utility rates.

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Exchange
New York Stock Exchange (.N)
Stock Quote (PSD)
29.98 
As of February 6, 2009 4:00 PM
Minimum 20 minutes delayed
Listed Security
PSD Common Stock



Forward-Looking Statements

This web site contains certain forward-looking statements to help users understand the elements of Puget Energy's strategic plan, the expected impact of such plan on the income, revenues, costs, operations and efficiency of Puget Energy and Puget Sound Energy. Statements preceded by terms such as "designed to," "expects," "anticipates," "believes" "plans," "predicts," "projects," "will likely result," "intended to" or similar expressions are forward-looking statements are based on currently available data, as well as management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and actual results may differ from those expressed or implied in the forward-looking statements. Consequently, readers are cautioned not to place undue reliance on any forward-looking statements

Additional information concerning potential risk factors that could affect the company's future performance are described from time to time in the company's reports filed with the Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2004 and Quarterly Reports on Form 10-Q. The reports may be viewed on this website under Financial Reports, or free of charge at www.sec.gov. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise

 

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