SUPPLEMENTAL QUARTERLY FINANCIAL DATA

12 Months Ended

Dec. 31, 2011

Quarterly Financial Information Disclosure [Abstract]

Supplemental Quarterly Financial Data

SUPPLEMENTAL QUARTERLY FINANCIAL DATA

The following unaudited amounts, in the opinion of the Company, include all adjustments (consisting of normal recurring adjustments) necessary for a fair statement of the results of operations for the interim periods.  Quarterly amounts vary during the year due to the seasonal nature of the utility business.

Puget Energy	2011 Quarter
(Unaudited; Dollars in Thousands)	First		Second		Third			Fourth
Operating revenue	$	1,019,593	$	732,675	$	597,776		$	968,721
Operating income	218,145		114,693		20,663			121,439
Net income (loss)	107,431		5,035		(36,470		)	47,294

	2010 Quarter
(Unaudited; Dollars in Thousands)	First			Second		Third			Fourth
Operating revenue	$	878,206		$	673,287	$	622,829		$	947,895
Operating income	45,403			71,726		(2,184		)	193,289
Net income	(19,191		)	3,663		(37,899		)	83,738

Puget Sound Energy	2011 Quarter
(Unaudited; Dollars in Thousands)	First		Second		Third			Fourth
Operating revenue	$	1,019,593	$	733,364	$	597,776		$	969,070
Operating income	190,436		107,380		17,198			116,029
Net income (loss)	103,439		50,913		(9,107		)	58,875

	2010 Quarter
(Unaudited; Dollars in Thousands)	First			Second		Third			Fourth
Operating revenue	$	878,206		$	673,287	$	622,829		$	947,895
Operating income	(4,984		)	48,794		(16,593		)	180,374
Net income	(38,274		)	507		(29,559		)	93,421