v3.26.1
Summary of Consolidation and Significant Accounting Policy (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Accounts Receivable, Allowance for Credit Loss
The following table presents the activity in the allowance for credit losses for accounts receivable for the six months ended June 30, 2026 and 2025:
Puget Energy and
Puget Sound Energy
Six Months Ended June 30,
(Dollars in Thousands)20262025
Allowance for credit losses:
Beginning balance$26,452 $40,436 
Provision for credit loss expense1
20,693 27,001 
Receivables charged-off(20,470)(21,373)
Total ending allowance balance
$26,675 $46,064 
_____________
1 $9.8 million and $17.7 million of provision related to balances of deferred costs specific to COVID-19 as of June 30, 2026 and 2025, respectively.