Puget Sound Bridge and Dredging Company Puget Sound Bridge and Dredging Company Puget Sound Bridge and Dredging Company was a major shipbuilding and construction company, located in Seattle, Washington. The firm was established in 1898 on Elliott Bay in Puget Sound. The company was engaged in construction projects around the United States and built ships for the U.S. Navy at its shipyard on Harbor Island on Puget Sound during and after World War II. In 1959 the firm was purchased by Lockheed and became the Lockheed Shipbuilding and Construction Company. The shipyard was permanently closed in 1987. During its 61-year history as Puget Sound Bridge and
Electricity in the Puget Sound region are among the lowest in the nation at an average 7.6 cents per kilowatt-hour in 2016. Historically this has been due to the large supply from public utility-owned sources. Three investor-owned electric utilities in Washington (Avista (formerly Washington Water Power), PacifiCorp (formerly Pacific Power and Light Company), and Puget Sound Energy (PSE)) are regulated by the Washington Utilities and Transportation Commission (WUTC) which sets rates. Of the three only PSE operates in the Puget Sound area. Public utility districts are independent taxation and regulation authorities and are not regulated by WUTC. All Puget Sound counties except Pierce and King have