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PUGET SOUND POWER & LIGHT: SCHEDULE SET FOR PRUDENCE FILING

 BELLEVUE, Wash., Dec. 7 /PRNewswire/ -- The Washington Utilities and Transportation Commission has set a final schedule to review power resources acquired by Puget Sound Power & Light Co. (NYSE: PSD) since 1989, Puget Power announced today. The schedule indicates a final order may not be forthcoming until Oct. 1, 1994.
 In its general rate case order of Sept. 21, the commission established a prudence review proceeding for costs associated with certain new power resources acquired by the company since its last general rate case. Revenues associated with these resources approximate $86 million over and above what it would have cost the company to buy this power at secondary rates. The company believes that all of its expenses associated with these resources are prudent, but cannot predict the outcome of the review proceeding.
 The company had proposed expedited treatment, requesting a final order by Jan. 20, 1994. Regarding the request for expedited treatment, the commission's order states: "The commission understands the company is anxious to finish this prudence investigation in a timely manner and has set a schedule it believes will best serve the public interest." The final schedule follows:
 Puget Files Exhibits From General Rate
 and/or Rate Design Cases Dec. 15, 1993
 Puget Witness Cross-Examination March 21-25, 1994
 Staff & Intervenor Testimony Filed May 4, 1994
 Staff & Intervenor Cross-Examination June 6-10, 1994
 Puget Rebuttal Testimony Filed July 1, 1994
 Puget Rebuttal Cross-Examination Aug. 1-5, 1994
 Parties File Briefs Aug. 26, 1994
 Final Order On or before
 Oct. 1, 1994
 -0- 12/7/93
 /CONTACT: Don Gaines of Puget Power, 206-462-3870/
 (PSD)


CO: Puget Sound Power & Light Co.; Washington Utilities and
 Transportation Commission ST: Washington IN: UTI SU:


IC-JH -- SE011 -- 1450 12/07/93 17:06 EST
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Publication:PR Newswire
Date:Dec 7, 1993
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