Preservation of Atmosphere
Sustainability Thickness Score
Snohomish County Public Utility District No.1
Snohomish County Public Utility District No. 1 (PUD) is a municipal corporation of the State of Washington that provides electricity to all of Snohomish County and the Camano Island portion of Island County and serves over 370,000 customers. The PUD is a leader in carbon-free energy and uses renewable energy such as hydropower, wind, biogas, biofuel, landfill gas, solar, and non-renewable energy such as nuclear.
ENTITY:
Snohomish County, WA
Public Utility District No. 1
ATTRIBUTES:
Snohomish County PUD owns five hydroelectric generation projects and one biogas project. Around 80% of the PUD's portfolio of generating resources is derived from hydroelectricity since there is an abundant source of water in the area to fuel generation.
SUSTAINABILITY GOALS:
- Diversify energy resource portfolio to include more renewables and become a carbon free utility.
- Increase conservation and acquire more energy to hedge peak winter demand.
SUSTAINABILITY ACTIONS:
- Increase solar, bio-mass, and windgeneration.
- Acquire up to 50 MW on-peak winter energy.
- Implement energy conservation strategies in the community.
BENEFIT/ COST:
Strongly positive
SCALABLE:
Yes
Woods Creek
Thickness Score
Natural Capital Benefits
Sustainability Thickness Score
PUD has developed a diversified portfolio of generating sources, 97% of which are carbon-free. The portfolio includes generation from hydroelectric, wind, solar and nuclear. PUD acquires additional energy when necessary from Bonneville Power Authority, which is also primarily from hydro and nuclear generation.
9
Carbon emissions of Snohomish County are very low and significantly below average compared to other municipalities in the State of Washington and the United States.
7
Nuclear-generated electricity has a potential harmful impact on habitat if the nuclear waste is improperly stored.
-2
Investment Attributes
Electric System Revenue Bonds
Series 2022A
Coupon:
5.00%
Maturity:
12/1/2029
Security:
Net Revenues of Electric System
Ratings:
Aa2/AA
Sector:
Energy, Atmosphere, and Habitat
Additional Info
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