Bellevue

Bellevue, WA-based Puget Sound Energy (PSE) late Friday asked Washington state regulators to cut its retail natural gas utility rates 12.5% overall and 16.4% for residential customers, effective June 1. Separately, the Puget Energy combination utility also asked the Washington Utilities and Transportation Commission (WUTC) to begin an 11-month review of what PSE called moderate general rate hikes collectively totaling $175.2 million for its gas and electric utility customers.

Bellevue, WA-based Puget Sound Energy (PSE), Kings County, WA, and landfill gas specialist Bio Energy-Washington have joined forces on a project to use super-clean landfill gas to produce 35 MW in PSE’s existing gas-fired generation plants. They expect to produce up to 5.5 MMcf/d of “green” methane from the landfill.

Although the official start of spring is less than two weeks away, Bellevue, WA-based Puget Sound Energy (PSE) said Wednesday it has set new one-day sendout records for natural gas and electricity in March. The Puget Energy utility said a beneficial side effect is that the added gas demand from customers is giving the utility a chance to fill up its storage reservoir with more low-priced supplies that are now available.

A $7.4 billion deal by a consortium of private investors to acquire Bellevue, WA-based Puget Sound Energy (PSE) and take it private cleared a final regulatory hurdle last Tuesday when the Washington Utilities and Transportation Commission (WUTC) on a split 2-1 vote gave a heavily conditioned approval. WUTC approved a multi-party settlement from last summer that included its own staff.

A $7.4 billion deal by a consortium of private investors to acquire Bellevue, WA-based Puget Sound Energy (PSE) and take it private cleared a final regulatory hurdle Tuesday when the Washington Utilities and Transportation Commission (WUTC) on a split 2-1 vote gave a heavily conditioned approval. WUTC approved a multi-party settlement from last summer that included its own staff (see Daily GPI, July 23).

Puget Sound Energy (PSE) late Monday said it had reached a settlement with parties that stood in the way of the acquisition of the Bellevue, WA-based utility by a group of private investors. The state of Washington Utilities and Transportation Commission (WUTC) must review the settlement. and other factors before deciding on the merger.

The Pacific Northwest’s continued below-freezing temperatures pushed Bellevue, WA-based Puget Sound Energy (PSE) to another record natural gas sendout Friday, surpassing one the utility set earlier in the week. PSE said natural gas demand hit 780,000 MMBtu on Friday, compared to 755,881 MMBtu last Tuesday.

A stubborn cold front that has enveloped the Pacific Northwest sparked record natural gas and electricity sendouts for Bellevue, WA-based Puget Sound Energy (PSE) Tuesday, eclipsing a power demand marker that had stood for a decade, according to the combination utility. With forecasts for continued colder-than-normal temperatures in western Washington state, PSE was advising its customers to use power and gas wisely.

Expecting a final state of Washington regulatory merger approval to take its utility operations private before year-end, Bellevue, WA-based Puget Energy reported a financial bump last Wednesday, announcing a third quarter net loss of $8.2 million, or minus 6 cents/diluted share, compared to net income of $11.4 million, or 10 cents/share, for the same period last year. Due to its pending $7.4 billion merger with a consortium of private investors, Puget senior executives did not hold a conference call with financial analysts.