Most consumers oppose Puget Sound Energy sale
By Associated Press
OLYMPIA, Wash. (AP) - The state Utilities and Transportation Commission has received 8,000 comments from the public on the proposal to sell Puget Sound Energy to foreign investors and raise rates.
A spokeswoman, Marilyn Meehan, says about 95 percent of the comments oppose the sale and rate increase. The federal Energy Regulatory Commission has already approved the $7.4 billion sale to a consortium, led by the Australian investment bank Macquarie (muh-KWAR'-ee) and the Canadian Pension Plan Investment Board. State regulators could approve the sale and rate increase by the end of the year. PSE is the state's and largest investor-owned utility, with one million electric and 721,000 natural gas customers in 11 counties. |
Weather & Traffic
Current Temp
48.0 °F
Mostly Cloudy
Weather & TrafficUpload directly from your mobile device. Learn how Stay ConnectedYouNews
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled.
Click here for a free download of the latest Adobe Flash Player.
|
Viewer PollMost Popular
|
Copyright © 2009
140 Fourth Ave. North, Suite 370,
Seattle,
WA
98109
Contact Us | Advertise with Us | Privacy Policy | Terms of Use | Public Filing Report | DTV Report | ABC
Copyright © 2008 Fisher Communications, Inc.
Powered by Broadcast Interactive Media.
