8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): March 13, 2006

	Exact name of registrant as specified	I.R.S.
	in its charter, state of incorporation,	Employer
Commission	address of principal executive offices, zip code	Identification
File Number	Telephone	Number

1-16305	PUGET ENERGY, INC.	91-1969407
	A Washington Corporation
	10885 - N.E. 4th Street, Suite 1200
	Bellevue, Washington 98004-5591
	(425) 454-6363

1-4393	PUGET SOUND ENERGY, INC.	91-0374630
	A Washington Corporation
	10885 - N.E. 4th Street, Suite 1200
	Bellevue, Washington 98004-5591
	(425) 454-6363

______________

Check the appropriate box below if the Form 8−K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  

o   Soliciting material pursuant to Rule 14a−12 under the Exchange Act (17 CFR 240.14a−12)  

o   Pre−commencement communications pursuant to Rule 14d−2(b) under the Exchange Act (17 CFR 240.14d−2(b))  

o   Pre−commencement communications pursuant to Rule 13e−4(c) under the Exchange Act (17 CFR 240.13e−4(c))  

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On March 13, 2006, the Boards of Directors of Puget Energy, Inc. and Puget Sound Energy, Inc. (collectively, the “Companies”) appointed Herbert B. Simon, age 62, as a director of the Companies. Mr. Simon is nominated for election at the Annual Shareholder’s Meeting on May 9, 2006, to serve a three-year term. The compensation offered to Mr. Simon for his service as a director is the same as that offered to all Puget Energy and Puget Sound Energy (“PSE”) board members, pursuant to the director compensation schedule filed as Exhibit 10.53 to the Puget Energy Annual Report on Form 10-K for the fiscal year ended December 31, 2005, filed with the Securities and Exchange Commission on February 28, 2006.

In accordance with the director retirement policy set forth in the Corporate Governance Guidelines of the Companies, Robert L. Dryden has informed Puget Energy and PSE that he intends to tender his resignation from the Boards of Directors of the Companies on May 9, 2006, with such resignation effective upon the conclusion of the Annual Shareholder's Meeting. Mr. Dryden, age 72, has been a director of Puget Energy since its incorporation in 1999 and of PSE since 1991.

Also leaving the Boards of Directors of the Companies upon the conclusion of the Annual Shareholder’s Meeting on May 9, 2006 will be Charles W. Bingham, whose term as a director will expire at that time. Mr. Bingham, also age 72, and thus subject to the director retirement policy, has been a director of Puget Energy since its incorporation in 1999 and of PSE since 1978.

In connection with Mr. Simon’s appointment to the Board of Director’s, Puget Energy issued a news release which is attached as Exhibit 99.1.

Item 9.01: Financial Statements and Exhibits

Exhibits

99.1   Press release on appointment of Mr. Simon to Puget Energy.  

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

	PUGET ENERGY, INC.
	PUGET SOUND ENERGY, INC.
	By: /s/ James W. Eldredge
Dated: March 13, 2006	James W. Eldredge Vice President, Corporate Secretary and Chief Accounting Officer

EX-99.1

Exhibit 99.1

NEWS RELEASE

For Immediate Release

March, 13, 2006

Tacoma business leader Herb Simon joins boards of Puget Energy and Puget Sound Energy

BELLEVUE, Wash. (March 13, 2006) - Tacoma business and community leader Herb Simon has been named to the boards of directors of Puget Energy (NYSE: PSD) and its wholly owned utility subsidiary, Puget Sound Energy, effective today.

“Herb is a great addition to our organization,” said Stephen P. Reynolds, Puget Energy chairman, president and chief executive officer. “He not only has keen business acumen but is a widely respected community leader who’s long demonstrated a deep commitment to strengthening the economic and social fabric of our region.”

After earning a degree in political science from the University of Washington, Simon joined his family’s recycling business, Joseph Simon & Sons Inc., where he spearheaded the creation of important trade partnerships in Asia. He later sold his interest in the firm and launched a career acquiring and constructing commercial buildings, resulting in the 1985 formation of Simon Johnson, LLC, an investment company involved in real estate and venture capital projects.

“Puget Sound Energy has a long history of providing a vital public service here in our region,” Simon said. “I’m looking forward to helping the company build on its proud tradition.”

A Tacoma native, Simon serves on the University of Washington Board of Regents and the Advisory Board of the Institute of Technology for the University of Washington-Tacoma. He is a past board member of The Franciscan Emergency Center in Tacoma and chaired a capital campaign for Tacoma’s St. Joseph Medical Center.

Simon, 62, and his wife, Paula, have two daughters, Chloe and Stefanie.