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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 KrEIDLN4+1B5jW/G751l7A==

<SEC-DOCUMENT>0001085392-07-000033.txt : 20070302
<SEC-HEADER>0001085392-07-000033.hdr.sgml : 20070302
<ACCEPTANCE-DATETIME>20070302190448
ACCESSION NUMBER:		0001085392-07-000033
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070228
FILED AS OF DATE:		20070302
DATE AS OF CHANGE:		20070302

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Shirley Calvin E
		CENTRAL INDEX KEY:			0001341354

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16305
		FILM NUMBER:		07669297

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		425-456-2426

	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>4
<SEQUENCE>1
<FILENAME>shi566.xml
<TEXT>
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<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

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    <periodOfReport>2007-02-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001085392</issuerCik>
        <issuerName>PUGET ENERGY INC /WA</issuerName>
        <issuerTradingSymbol>PSD</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001341354</rptOwnerCik>
            <rptOwnerName>Shirley Calvin E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>P.O. BOX 97034</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BELLEVUE</rptOwnerCity>
            <rptOwnerState>WA</rptOwnerState>
            <rptOwnerZipCode>98009-9734</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>VP Energy Efficiency</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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                <value>Common</value>
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        </nonDerivativeTransaction>
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    <derivativeTable>
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            <exerciseDate>
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            <expirationDate>
                <value>2006-12-31</value>
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                <underlyingSecurityTitle>
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                <transactionCode>A</transactionCode>
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            <transactionAmounts>
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                <transactionPricePerShare>
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                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            <exerciseDate>
                <value>2009-12-31</value>
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            <expirationDate>
                <value>2009-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2061</value>
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            </underlyingSecurity>
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                <sharesOwnedFollowingTransaction>
                    <value>2061</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
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            </securityTitle>
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            <transactionDate>
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                    <value>1600</value>
                </transactionShares>
                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <value>2006-12-31</value>
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            <expirationDate>
                <value>2006-12-31</value>
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                <underlyingSecurityTitle>
                    <value>Common</value>
                </underlyingSecurityTitle>
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                </sharesOwnedFollowingTransaction>
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                <natureOfOwnership>
                    <value></value>
                </natureOfOwnership>
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        </derivativeTransaction>
        <derivativeHolding>
            <securityTitle>
                <value>LTIP</value>
            </securityTitle>
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                <value>0.00</value>
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            </exerciseDate>
            <expirationDate>
                <value>2007-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common</value>
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                <underlyingSecurityShares>
                    <value>1509</value>
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                    <value>1509</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
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                </natureOfOwnership>
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        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>LTIP</value>
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                <value>0.00</value>
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                <value>2008-12-31</value>
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                <value>2008-12-31</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>2254</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>2254</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
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                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Performance based restricted stock grants under the Puget Energy Long Term Incentive Plan (LTIP) for Officers and Key Employees with dividend rights. Performance based restricted stock vests over a three-year period only if performance criteria are met. If performance criteria for vesting of the shares is met, 15% of performance shares will vest on January 1, 2008, 25% on January 1, 2009 and 60% on January 1, 2010.</footnote>
        <footnote id="F2">Represents an award of 2004-2006 Puget Energy Long Term Incentive Plan performance shares.</footnote>
        <footnote id="F3">LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees.  LTIP Shares are paid in Puget Energy stock when vested in an amount ranging from zero to 175% of LTIP Share Grants.</footnote>
        <footnote id="F4">0 shares were awarded for the 2003-2006 LTIP cycle grants.  Outstanding share grants were forfeited.</footnote>
        <footnote id="F5">Performance shares grants under the Puget Energy Long Term Incentive Plan (LTIP) for Officers and Key Employees. LTIP performance shares are paid in stock (or cash) when vested from zero to 175% of LTIP performance shares granted.</footnote>
        <footnote id="F6">LTIP share grants under the Puget Energy Long-Term Incentive Plan for Officers and Key Employees.  LTIP Shares are paid in stock (or up to 50% in cash) when vested in an amount ranging from zero to 155.5% of LTIP Share Grants.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Shirley, Calvin E</signatureName>
        <signatureDate>2007-03-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----