Puget Sound Electric Railway Puget Sound Electric Railway The Puget Sound Electric Railway was an interurban railway that ran for 38 miles between Tacoma and Seattle, Washington in the first quarter of the 20th century. Portions of the right-of-way still exist as multi-use trail through Milton, Washington, as well as from Pacific to Tukwila, Washington. The PSE began operations on September 25, 1902 with a line that started in downtown Tacoma, ran along Pacific and Puyallup Avenues, followed the course of present day Pacific Highway through Fife and to Milton, turned southeast towards Puyallup and paralleled the path of today's SR 167 through Pacific,
Puget Sound Energy investors, merged with Puget Energy, PSE's parent company to form the current business structure. Puget Energy is a holding company incorporated in the State of Washington. All of its operations are conducted through its utility subsidiary, PSE, which is regulated by Washington Utilities and Transportation Commission. In 2018, Macquarie sold it's ownership stake in PSE. PSE's current owners are Alberta Investment Management Corporation, British Columbia Investment Management Corporation, OMERS, and PGGM. Puget Sound Energy rates show a typical residential electrical bill (at 1000 kwh per month) of $102.56 and typical a gas bill (at 68 therms per month) of $86.