2.4.0.82110100 - Disclosure - Othertruefalsefalse1falsefalsefalseD2013Q2http://www.sec.gov/CIK0001085392duration2013-04-01T00:00:002013-06-30T00:00:001true1psd_OtherAbstractpsd_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse02false2psd_OtherMaterialItemsTextBlockpsd_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalseterseLabel1falsefalsefalse00<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Jefferson County Public Utility District (JPUD).</font><font style="font-family:inherit;font-size:10pt;"> The Company completed the sale of its electric infrastructure assets located in Jefferson County and the transition of electrical services in the county to JPUD on March 31, 2013. The proceeds from the sale exceed the transferred assets' net carrying value of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$46.4 million</font><font style="font-family:inherit;font-size:10pt;"> resulting in a pre-tax gain of approximately </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$60.9 million</font><font style="font-family:inherit;font-size:10pt;">. In its 2010 order on the subject, the Washington Commission stated that the Company must file an accounting and ratemaking petition with the Washington Commission to determine how this gain will be allocated between customers and shareholders. As a result, the gain was deferred and recorded as a regulatory liability until the Washington Commission determines the accounting and ratemaking treatment. The Company expects to complete this filing in the third quarter of 2013. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For federal income tax purposes, the Company has elected to treat the transaction as an involuntary conversion under the Internal Revenue Code which allows tax deferral on the gain if PSE acquires qualified replacement property by December 31, 2015. Based on PSE's current construction program projection, it should have qualified replacement property; however, there can be no assurance that PSE will meet the requirement. </font></div><div style="line-height:120%;padding-bottom:16px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Bond Issuances. </font><font style="font-family:inherit;font-size:10pt;">On May 23, 2013, PSE refinanced </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$161.9 million</font><font style="font-family:inherit;font-size:10pt;"> of its Pollution Control Revenue Refunding Bonds (the Bonds) to a lower weighted average interest rate from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">5.01%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">3.91%</font><font style="font-family:inherit;font-size:10pt;">. The Bonds will mature on March 1, 2031. On or after March 1, 2023, the Company may elect to call the bonds at a redemption price of 100% of the principal amount thereof, without premium, plus accrued interest, if any, to the redemption date. Due to the refinance of the Bonds, Puget Energy wrote off </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$18.0 million</font><font style="font-family:inherit;font-size:10pt;"> of fair value related to the Bonds that were redeemed to interest expense.</font></div></div>falsefalsefalsenonnum:textBlockItemTypenaOther Material Items [Text Block]No definition available.false0falseOtherUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://www.pugetenergy.com/role/Other12