Energy Resource Acquisition

Energy Resource Acquisition

Puget Sound Energy must acquire a large amount of new energy supply in coming years – and develop new energy-delivery infrastructure as well – to meet its customers' steadily growing energy needs. The utility has developed and implemented a strategy designed to fully meet customers' long-term energy demands and keep their rates as low as possible.

To that end, PSE is actively exploring the development or purchase of additional power-generating resources. Renewable resources are an integral part of this long-term strategy.

Expanded energy-conservation services are another key part of PSE's plan for meeting customers' long-term energy demands. The company's energy-efficiency programs are expected to help customers save more than 530 average-megawatts of electricity over the next 20 years. Those savings, sufficient to meet the electricity needs of 400,000 households, would forestall the need to build four average-sized natural gas-fired power plants.