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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BE5wQP+SRjj0FvXZo7goJckT/BlPoWpaM4LM8/uCS2KhTafpZozOfhAtr2NWWEa8
 b+Hxw6HI9u8g9N98c6aN2A==

<SEC-DOCUMENT>0001085392-03-000126.txt : 20030905
<SEC-HEADER>0001085392-03-000126.hdr.sgml : 20030905
<ACCEPTANCE-DATETIME>20030905173610
ACCESSION NUMBER:		0001085392-03-000126
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030902
FILED AS OF DATE:		20030905

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BUSSEY PHILLP K
		CENTRAL INDEX KEY:			0001262332

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16305
		FILM NUMBER:		03884566

	MAIL ADDRESS:	
		STREET 1:		PO BOX 97034
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			98009-9734

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PUGET ENERGY INC /WA
		CENTRAL INDEX KEY:			0001085392
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				911969407
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10885 NE 4TH STREET
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			980045515
		BUSINESS PHONE:		4254546363

	MAIL ADDRESS:	
		STREET 1:		PO BOX 97034
		CITY:			BELLEVUE
		STATE:			WA
		ZIP:			980045515
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>bus243.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>
	<periodOfReport>2003-09-02</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001085392</issuerCik>
        <issuerName>PUGET ENERGY INC /WA</issuerName>
        <issuerTradingSymbol>PSD</issuerTradingSymbol>
	</issuer>
	<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001262332</rptOwnerCik>
            <rptOwnerName>BUSSEY PHILLP K</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10885 NE 4TH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BELLEVUE</rptOwnerCity>
            <rptOwnerState>WA</rptOwnerState>
            <rptOwnerZipCode>980095591</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
			<isDirector>0</isDirector>
			<isOfficer>1</isOfficer>
			<isTenPercentOwner>0</isTenPercentOwner>
			<isOther>0</isOther>
			<officerTitle>VP Regional &amp; Public Affairs</officerTitle>
		</reportingOwnerRelationship>
	</reportingOwner>
	<nonDerivativeTable>
		<nonDerivativeHolding>
			<securityTitle>
				<value>Common</value>
			</securityTitle>
			<postTransactionAmounts>
				<sharesOwnedFollowingTransaction>
					<value>0</value>
				</sharesOwnedFollowingTransaction>
			</postTransactionAmounts>
			<ownershipNature>
				<directOrIndirectOwnership>
					<value>D</value>
				</directOrIndirectOwnership>
				<natureOfOwnership>
					<value/>
				</natureOfOwnership>
			</ownershipNature>
		</nonDerivativeHolding>
	</nonDerivativeTable>
	<footnotes>
	</footnotes>
	<remarks>
	</remarks>
	<ownerSignature>
		<signatureName>/s/ Bussey, Philip K.</signatureName>
		<signatureDate>2003-09-05</signatureDate>
	</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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