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TX · electric · 49831

SPS Texas — general rate case

Closed case·Complete·Unknown

Case summary

No case narrative is published.

Latest development
Final order issued

Aug 27, 2020

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

complete

  1. Filed

    Not recorded

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Aug 27, 2020

  6. Rates effective

    Current stage

State rules

Base-rate reviews and adjustment mechanisms in Texas

This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.

Full base-rate review

At least every four years

A regulated electric utility generally must initiate a comprehensive base-rate proceeding at least once every four years, subject to the statutory waiver process.

Rate period: Historical test year in the comprehensive rate filing.

Governing rule ↗

Between full reviews

Distribution Cost Recovery Factor

Up to twice per year

A DCRF updates distribution rates for eligible capital investment placed in service since the last comprehensive rate case. The investment is reconciled in a later base-rate proceeding.

Governing source ↗
View the full Texas regulatory framework →

Current case economics

Economics

Filed request and any outcome captured in this docket.

MetricUtility requestCurrent case outcomeLike-for-like difference
Annual revenue increase

Not available

Not captured in current case sources

Not available

Outcome not captured in current case sources

Rate base

Not available

Not captured in current case sources

Not available

Outcome not captured in current case sources

Return on equity

Not available

Not captured in current case sources

Not available

Outcome not captured in current case sources

Common equity ratio

Not available

Not captured in current case sources

Not available

Outcome not captured in current case sources

Residential bill impact

Not available

Not captured in current case sources

Not available

Outcome not captured in current case sources

Utility context

Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.

Common equity ratio

authorized · Authorized only for AFUDC, PUCT proceedings requiring a stated WACC, and the specified Hale and Sagamore wind-project calculation · Apr 11, 2024

54.51%

Rate base

disclosed actual · SPS company-estimated total rate base across Texas and New Mexico operations. · Dec 31, 2025

$9,100M

Return on equity

authorized · Authorized only for AFUDC, PUCT proceedings requiring a stated WACC, and the specified Hale and Sagamore wind-project calculation · Apr 11, 2024

9.55%

Full docket record

1 event · 1 document · 1 citation

View record
Last updated
Jul 14, 2026
Docket reviewed
Jul 14, 2026
Economics reviewed
Official documents
1
Evidence citations
1

Docket history

Material filings, hearings, orders, and effective dates.

  1. Aug 27, 2020

    Final order issued

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

PUCT rate-case history filing

evidence · primary · Aug 27, 2020

Open document ↗

Citations

Field-level excerpts and review metadata supporting material facts.

PUCT rate-case history filing

commission filing · Aug 27, 2020

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence