| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
3,412 |
| Revenues (TTM) (Millions $) |
5,663 |
| Net Income (TTM) (Millions $) |
425 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Puget Energy Inc. is a highly diversified company that engages in the generation, distribution, and sale of electricity and natural gas to customers in Washington State. The company is the parent company of Puget Sound Energy, a regulated utility that serves more than6 million electric and natural gas customers in the Puget Sound region of Western Washington.
Puget Energy's electric generation system consists of hydroelectric, thermal, and wind resources. The company operates two thermal generating stations and a wind farm in Central Washington, which have a combined capacity of more than 2,000 megawatts. Puget Energy's hydroelectric system includes several dams on the Skagit and Snoqualmie Rivers, which have a total capacity of more than 800 megawatts.
In addition to generating electricity, Puget Energy also purchases and sells energy and capacity in the wholesale market. The company has entered into long-term contracts with several renewable energy developers and has also invested in several wind and solar projects throughout the western United States.
Puget Energy's natural gas distribution system spans more than 12,000 miles and serves more than 800,000 customers in Western Washington. The company purchases natural gas from a variety of suppliers and distributes it through its pipelines to residential, commercial, and industrial customers.
Puget Energy is committed to promoting sustainable energy practices and has set a goal of reducing its carbon emissions by 50% below 2005 levels by 2040. The company has invested in several renewable energy projects, including wind, solar, and battery storage, and has also launched several energy efficiency programs for its customers.
Overall, Puget Energy Inc. is a major player in the electricity and natural gas industry in Washington State, with a commitment to promoting sustainable energy practices and providing reliable, affordable energy to its customers.
Company Address: 355 110th Ave NE Bellevue 98004 WA
Company Phone Number: 454-6363 Stock Exchange / Ticker: PSD
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0.31% 
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