Puget Sound Energy
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $3.8m | Grant | |
N/A | Secondary | ||
Total Funding | $3.8m |
Recent News about Puget Sound Energy
EditPuget Sound Energy (PSE) is a utility company focused on delivering reliable and sustainable energy solutions to residential, commercial, and industrial clients in the Pacific Northwest. Operating in the energy sector, PSE generates electricity from a mix of resources, with over 30% currently sourced from clean energy like wind and hydroelectric facilities. The company's business model revolves around the generation, transmission, and distribution of electricity and natural gas, earning revenue through customer billing for energy consumption and related services.
PSE is committed to environmental sustainability and aims to achieve 100% clean electricity by 2045, in line with the Clean Energy Transformation Act (CETA). The company actively engages with diverse communities, including low-income and BIPOC (Black, Indigenous, and People of Color) populations, through its Equity Advisory Group (EAG). This group provides insights on environmental justice and helps shape PSE's policies and initiatives.
PSE's long-term strategy includes extensive community engagement, customer feedback, and adherence to regulatory requirements to ensure a balanced approach to energy planning and carbon emission reduction.
Keywords: clean energy, wind power, hydroelectric, sustainability, Pacific Northwest, CETA, community engagement, environmental justice, utility company, carbon reduction.