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Regulatory Assets and Liabilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Apr. 01, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Regulatory Assets and Liabilities [Line Items]        
Regulatory assets, non-current   $ 70,805 $ 74,848  
Regulatory Assets   80,744 81,820  
Regulatory Assets, Current   9,939 6,972  
Regulatory liabilities, non-current   298,466 298,570  
Regulatory Liabilities   318,427 313,256  
Regulatory Liability, Current   $ 19,961 $ 14,686  
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent   21.00% 21.00% 35.00%
Regulatory tax assets or liabilities        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Liabilities [1]   $ 291,619 $ 291,557  
Accumulated deferred investment tax credit        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Liabilities [2]   7,122 7,872  
New Mexico energy efficiency        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Liabilities [3]   183 1,694  
Fuel revenue under (over)-recovery        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Liabilities [4]   18,743 11,047  
Other Regulatory Assets (Liabilities)        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Liabilities   $ 760 1,086  
Regulatory tax assets or liabilities        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Asset, Amortization Period   15 years    
Regulatory Assets [5]   $ 37,771 39,519  
Loss on reacquired debt        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [6]   $ 13,221 14,074  
Final coal reclamation        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Asset, Amortization Period   7 years    
Regulatory Assets [7]   $ 3,405 4,065  
Four Corners decommissioning        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Asset, Amortization Period   7 years    
Regulatory Assets [8]   $ 5,023 5,813  
Nuclear fuel postload daily financing charge        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [9]   4,197 3,717  
Unrecovered issuance costs due to reissuance of PCBs        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [6]   1,991 728  
Texas 2015 rate case costs        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [10]   378 747  
Texas 2017 rate case costs        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets   1,504 2,634  
Texas relate back surcharge        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [11]   2,965 0  
New Mexico renewable energy credits and related costs        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [12]   3,588 4,709  
New Mexico Palo Verde deferred depreciation        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [13]   3,959 4,111  
Fuel revenue under (over)-recovery        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets [4]   327 0  
Other Regulatory Assets (Liabilities)        
Regulatory Assets and Liabilities [Line Items]        
Regulatory Assets   $ 2,415 $ 1,703  
Subsequent Event | Texas relate back surcharge        
Regulatory Assets and Liabilities [Line Items]        
Surcharge Or Refund Period 12 months      
[1]
This item primarily relates to the reduction in the federal corporate income tax rate from 35% to 21% as enacted by the TCJA. The amortization period for the recovery on this item will be addressed in the next base rate filings in all jurisdictions. See Part II, Item 8, Financial Statements and Supplementary Data, Note L of Notes to Financial Statements for further discussion.
[2]
The amortization period is based upon the life of the associated assets.
[3]
This item is recovered or credited through the Company's EUERF. See Part II, Item 8, Financial Statements and Supplementary Data, Note D of Notes to Financial Statements for further discussion.
[4]
This item represents the net under or over-recovery of fuel and purchased power expense which is recovered or refunded through fuel rates.
[5] This item relates to (i) the regulatory treatment of the equity portion of AFUDC which is recovered in rate base by an offset with the related accumulated deferred income tax liability, and (ii) excess deferred state income taxes which are recovered through amortization to tax expense in cost of service. The amortization period for the excess deferred state income taxes is 15 years as established in the PUCT Final Order in Docket No. 44941 and the NMPRC Final Order in Case No. 15-00127-UT ("NMPRC Final Order
[6]
These items are recovered as a component of the weighted cost of debt and amortized over the life of the related debt issuance.
[7]
This item relates to coal reclamation costs associated with Four Corners. The Texas portion was approved for recovery in PUCT Docket No. 46308 and is being recovered over seven years through June 2023. The New Mexico portion was approved in NMPRC Case No. 15-00109-UT and the amortization period will be established in the next general rate case.
[8]
This item relates to the decommissioning of Four Corners. The Texas portion was approved for recovery in PUCT Docket No. 46308 and is being recovered over seven years through July 2024. The New Mexico portion was approved in NMPRC Case No. 15-00109-UT and the amortization period will be established in the next general rate case.
[9]
This item is recovered through fuel recovery mechanisms established by tariffs.
[10]
The 2017 PUCT Final Order approved a new recovery period for these costs, beginning January 10, 2018.
[11]
This item represents revenue associated with the Company's 2019 TCRF rate filing related to the period from July 30, 2019, through December 31, 2019. The recovery period is over a period of 12 months beginning on April 1, 2020. See Part II, Item 8, Financial Statements and Supplementary Data, Note D of Notes to Financial Statements for further discussion.
[12]
This item relates to renewable energy credits and procurement plan costs, of which a component has been approved for recovery in the NMPRC Final Order. The remaining balance will be requested for recovery in the next general rate case.
[13]
The amortization period for this item is based upon the NRC license life for each unit at Palo Verde.