Puget's 13 largest customers

Air Liquide et al v. PSE

Formal Complaint - Docket UE-001952

This week, the Commission is hearing evidence regarding the level of
a "soft
cap" on prices PSE charges some large customers.

On January 26, Public Counsel and Commission Staff filed a joint
answer on
the rate cap mechanism.

On Jan. 22, the UTC approved a temporary "soft-price" cap for power
rates
paid by 13 large industrial customers of Puget Sound Energy (PSE). A
short-term soft cap would allow PSE to charge above the cap for power
costs
if the utility was paying more than a maximum level.

The order calls for a second set of proceedings to establish the
level of the
temporary soft cap as a term under the provisions of Schedule 48 and
the
PSE/Georgia-Pacific Special Contract. The cap would be in place
pending
further proceedings to determine a final disposition of Schedule 48.

Puget's 13 large industrial customers are: Boeing, Georgia-Pacific,
Air Liquide
America Corp. CNC Containers, Equilon Enterprises, Air Products and
Chemicals, Inc., Tesoro Northwest, City of Anacortes, Intel Corp.,
King
County's Metro Wastewater Treatment Division, Olympic Pipe-Bayview,
Qwest and MCI WorldCo