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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating revenue:    
Electric $ 614,634 $ 611,527
Gas 384,765 435,966
Other 419 1,019
Total operating revenue 999,818 1,048,512
Energy costs:    
Purchased electricity 175,043 199,115
Electric generation fuel 59,087 69,937
Residential exchange (22,551) (23,335)
Purchased gas 189,983 233,519
Unrealized (gain) loss on derivative instruments, net (75,692) 4,726
Utility operations and maintenance 129,235 128,046
Non-utility expense and other (994) 861
Depreciation 88,178 79,006
Amortization 5,744 13,343
Conservation amortization 34,107 34,402
Taxes other than income taxes 99,943 99,869
Total operating expenses 682,083 839,489
Operating income 317,735 209,023
Other income (deductions):    
Other income 12,012 14,937
Other expense (1,542) (3,754)
Non-hedged interest rate derivative expense 1,028 527
Interest charges:    
AFUDC 4,648 7,295
Interest expense (95,816) (107,201)
Income (loss) before income taxes 238,065 120,827
Income tax (benefit) expense 70,590 32,347
Net income (loss) 167,475 88,480
PUGET SOUND ENERGY, INC. [Member]
   
Operating revenue:    
Electric 614,634 611,527
Gas 384,765 435,966
Other 308 1,019
Total operating revenue 999,707 1,048,512
Energy costs:    
Purchased electricity 175,043 199,115
Electric generation fuel 59,087 69,937
Residential exchange (22,551) (23,335)
Purchased gas 189,983 233,519
Unrealized (gain) loss on derivative instruments, net (72,740) 10,135
Utility operations and maintenance 129,235 128,046
Non-utility expense and other 3,091 3,230
Depreciation 88,178 79,006
Amortization 5,744 13,343
Conservation amortization 34,107 34,402
Taxes other than income taxes 99,943 99,869
Total operating expenses 689,120 847,267
Operating income 310,587 201,245
Other income (deductions):    
Other income 12,012 14,933
Other expense (1,542) (3,754)
Interest charges:    
AFUDC 4,648 7,295
Interest expense (65,977) (60,737)
Interest expense on parent note (29) (51)
Income (loss) before income taxes 259,699 158,931
Income tax (benefit) expense 79,761 46,215
Net income (loss) $ 179,938 $ 112,716