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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
October 15, 1996 September 23, 1996
____________________________________________________
(Date of earliest
event reported)
PUGET SOUND POWER & LIGHT COMPANY
(Exact name of registrant as specified in its charter)
Washington 1-4393 91-0374630
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification
incorporation) Number)
411 108th Avenue N.E., Bellevue, Washington 98004-5515
(Address of principal executive offices, zip code)
Registrant's telephone number, including area code:
206/454-6363
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ITEM 5 OTHER EVENTS
Puget Sound Power & Light Company and Washington Energy Company view as "a
substantial step forward" a recent state regulatory staff conclusion that a
merger of the two companies would be in the public interest and produce real
benefits for customers. However, they find the proposed conditions attached
by staff to be unacceptable.
The reaction, issued by Puget Power President and CEO Richard R. Sonstelie
and Washington Energy Chairman, CEO and President William P. Vititoe, was a
response to a filing submitted Monday, September 23, 1996, by the staff of
the Washington Utilities and Transportation Commission.
As one step in the regulatory review process, the staff filing is a
recommendation only. The Utilities and Transportation Commissioners may
accept, modify, or entirely reject it.
The companies detailed their differences with the staff's position and
responded to the filings of other intervenors in a rebuttal filing submitted
October 11, 1996. Final briefs from all parties are due by December 6, 1996.
No specific date has been set for the Commission to render its decision, but
it could be issued by the end of December 1996.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PUGET SOUND POWER & LIGHT COMPANY
Date: October 15, 1996 By James W. Eldredge
_______________________________
James W. Eldredge
Corporate Secretary and Controller
(Chief Accounting Officer and Officer
duly authorized to sign this report
on behalf of the registrant)
