Lake Washington Ship Canal Lake Washington Ship Canal The Lake Washington Ship Canal, which runs through the city of Seattle, connects the fresh water body of Lake Washington with the salt water inland sea of Puget Sound. The Hiram M. Chittenden Locks accommodate the approximately difference in water level between Lake Washington and the sound. The canal runs east–west and connects Union Bay, the Montlake Cut, Portage Bay, Lake Union, the Fremont Cut, Salmon Bay, and Shilshole Bay, which is part of the sound. The ship canal project began in 1911 and was officially completed in 1934. Prior to construction of the Lake Washington
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.