| Business Summary | | Puget
Energy,
Inc.
(PSE)
is
a
holding
company
which
consists
of
Puget
Sound
Energy,
a
regulated
utility
providing
electric
and
gas
service
to
Western
Washington,
and
InfrastruX,
which
provides
contracting
services
to
electric
power,
telecom
and
natural
gas
industries.
As
of
December
31,
2000,
PSE
had
approximately
915,900
electric
customers,
consisting
of
811,400
residential,
98,800
commercial,
4,100
industrial
and
1,600
other
customers,
and
approximately
580,900
gas
customers,
consisting
of
532,300
residential,
45,500
commercial,
3,000
industrial
and
100
other
customers.
Approximately
294,200
customers
purchased
both
forms
of
energy
from
PSE.
Principal
non-utility
lines
of
business
include
development
and
marketing
of
customer
information
and
billing
system
software,
specialized
contracting
services
to
utilities
and
telecommunication
companies
and
real
estate
investment
and
development. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PSD
is
a
holding
company
for
Puget
Sound
Energy,
a
regulated
utility
providing
electric
and
gas
service
to
Western
Washington
and
InfrastruX,
which
provides
contracting
services
to
electric
power,
telecom
and
natural
gas
markets.
For
the
six
months
ended
6/01,
revenues
rose
73%
to
$2.06
billion.
Net
income
applicable
to
Common
before
acct.
change
rose
7%
to
$107.8
million.
Results
reflect
higher
electric
sales
prices,
partially
offset
by
higher
purchased
electricity
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Weaver, 56 Chairman,
Pres, CEO | $1.4M | $44K | R. Hawley, 51 CFO,
VP | 732K | -- | S. McKeon, 54 VP
and Gen. Counsel | 755K | -- | D. Graham, 60 VP
of HR | -- | -- | W. Gaines, 45 VP
of Energy Supply | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|