Monday, May 03, 2010

Jefferson County PUD Votes to Buy PSE Facilities

The Jefferson County Public Utility District has voted unanimously to purchase Puget Sound Energy's electrical system. They approved a nonbinding letter of intent to buy PSE's infrastructure for $103 million.

The transition to public power is expected to take between 18 months and three years.

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Friday, March 28, 2008

Puget Sound Energy Suing Jefferson County

If the voters of Jefferson County vote to authorize the County Public Utility District to provide energy, Puget Sound Energy will file a lawsuit.

Terry Oxley, PSE director of community services, said: “there would be litigation.” And he added that litigation would be a “huge cost” to his company and to Jefferson County.

Is this how free enterprise is supposed to work? I would’ve thought the best way to sell your product would be to provide the best product you can, so that people will choose to buy it, instead of suing the competition.

Presumably, the money Puget Sound Energy would be spending on litigation is money that won't be spent on producing energy for their customers. Priorities I guess.

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