TX · electric · 54634
Closed case·Complete·Authorized
No case narrative is published.
Apr 11, 2024
Not scheduled
Case stage
complete
Filed
Not recorded
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Apr 11, 2024
Rates effective
Current stage
State rules
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 ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | Not available Annual utility request | Not specified Total company rate-case request or Commission-authorized outcome · Apr 11, 2024 | — |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | Not specified Total company rate-case request or Commission-authorized outcome · Apr 11, 2024 | 9.55% Authorized only for AFUDC, PUCT proceedings requiring a stated WACC, and the specified Hale and Sagamore wind-project calculation · Apr 11, 2024 | — Not compared: scope differ |
| Common equity ratio | Not available Not captured in current case sources | 54.51% Authorized only for AFUDC, PUCT proceedings requiring a stated WACC, and the specified Hale and Sagamore wind-project calculation · Apr 11, 2024 | — |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Rate base
disclosed actual · SPS company-estimated total rate base across Texas and New Mexico operations. · Dec 31, 2025
$9,100M
1 event · 2 documents · 1 citation
Material filings, hearings, orders, and effective dates.
Apr 11, 2024
PUCT entered final order approving the unopposed agreement
official commission · completed
Docket and evidence documents linked to this proceeding.
PUCT final order in Southwestern Public Service Company Docket 54634
evidence · direct · Apr 11, 2024
PUCT filing interchange for Docket 54634
evidence · primary · Feb 8, 2023
Field-level excerpts and review metadata supporting material facts.
PUCT final order in Southwestern Public Service Company Docket 54634
final order · Apr 11, 2024
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Annual revenue change | authorized | party-commission | — | Not specified | |
| Annual revenue change | utility request | Southwestern Public Service Company — Texas | — | Not specified | |
| Return on equity | utility request | Southwestern Public Service Company — Texas | — | Not specified | |
| Common equity ratio | authorized | Public Utility Commission of Texas | — | 54.51% | |
| Return on equity | authorized | Public Utility Commission of Texas | — | 9.55% |