Puget Sound Energy seeking offers for power supply in 2012 through 2015

PSE will consider various commercial arrangements, including, but not limited to, contractual power purchases and ownership participation in power production facilities

Bellevue, Wash., August 1, 2011 — Puget Sound Energy filed with state regulators a draft request for proposals to solicit offers for new electric supply to meet customer needs.

The RFP, now awaiting review by the Washington Utilities and Transportation Commission, calls for proposals capable of starting power delivery to PSE as early as December 2012 but no later than December 2015.

PSE will consider various commercial arrangements, including, but not limited to, contractual power purchases and ownership participation in power production facilities.

In its filing with the UTC, PSE asks state regulators for expedited review of the draft RFP and commission approval for PSE to issue a final RFP by early October. The deadline for submittal of supply offers would follow one month later.

A revised assessment of PSE's portfolio needs and peak customer power requirements is expected to demonstrate a need for about 500 MW of capacity by the end of 2012.

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