Larsen Statement on Snohomish County PUD&rsquo;s Successful Enron Settlement</A

Jul 13, 2007

Washington, D.C. - U.S. Representative Rick Larsen (WA-02) released the following statement on the Snohomish County Public Utility District (PUD)’s successful settlement with Enron. Under the settlement, Snohomish PUD will pay $18 million to Enron creditors to settle a claim of about $180 million that Enron has sought from the PUD.

“My constituents have paid dearly for Enron’s deplorable actions.  This wise decision by the Snohomish County PUD brings closure and protects Snohomish County ratepayers from being further penalized for Enron’s misdeeds.”