City of Seattle - City Light Department · Seattle, WA United States
Company Description
Phone: 206-684-3000
Fax: 206-684-3347
Toll Free: 800-862-1181
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City of Seattle - City Light Department (Seattle City Light) keeps guitars humming and coffee grinders running in the Seattle metropolitan area. One of the US's largest municipally owned power companies, Seattle City Light transmits and distributes electricity to about 385,000 residential, commercial, industrial, and government customers and owns hydroelectric power plants with 1,900 MW of generation capacity. The utility also purchases power from the Bonneville Power Administration and other generators, and it sells power to wholesale customers. To read the full description, subscribe now.
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Key City of Seattle - City Light Department Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $877.4 |
| Employees | 1,600 |
City of Seattle - City Light Department Executives
5 executives listed for City of Seattle - City Light Department's Seattle, WA location.
| Title | Name & Bio | Contact |
| Superintendent | Jorge Carrasco | Network |
| CFO | Herb Hogue | Network |
| Human Resources Officer | Jean West | Network |
Competition
Competitive Landscape for City of Seattle - City Light Department
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top City of Seattle - City Light Department Competitors
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