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Fair Value of Financial Assets and Liabilities, Impact of Derivative Activity (Details) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Financial Impact of Qualifying Fair Value Hedges on Earnings [Abstract]    
Derivative instruments designated as fair value hedges $ 0us-gaap_FairValueHedgesAtFairValueNet $ 0us-gaap_FairValueHedgesAtFairValueNet
Recognized gains (losses) from fair value hedges or related hedged transactions 0us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings 0us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings
Designated as Hedging Instrument | Cash Flow Hedges    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss (8,000)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
(5,000)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities 0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss (169,000)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
(193,000)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) 0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax gains (losses) recognized during the period in income 0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Designated as Hedging Instrument | Cash Flow Hedges | Interest Rate    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities 0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss (180,000)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
[1] (180,000)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
[1]
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) 0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax gains (losses) recognized during the period in income 0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= us-gaap_InterestRateContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Designated as Hedging Instrument | Cash Flow Hedges | Vehicle Fuel And Other Commodity    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss (8,000)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
(5,000)us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities 0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss 11,000us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
[2] (13,000)us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
[2]
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) 0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Pre-tax gains (losses) recognized during the period in income 0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_VehicleFuelAndOtherCommodityContractMember
/ us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis
= us-gaap_CashFlowHedgingMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_DesignatedAsHedgingInstrumentMember
Other Derivative Instruments    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities (174,000)psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
9,826,000psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) (5,605,000)psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
(8,579,000)psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax gains (losses) recognized during the period in income 5,649,000us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
(4,316,000)us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Other Derivative Instruments | Commodity Trading    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_CommodityTradingContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
 
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities 0psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_CommodityTradingContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
 
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_CommodityTradingContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
 
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) 0psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_CommodityTradingContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
 
Pre-tax gains (losses) recognized during the period in income 189,000us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_CommodityTradingContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[3]  
Other Derivative Instruments | Natural Gas Commodity    
Impact of Derivative Activity on Accumulated Other Comprehensive Loss, Regulatory Assets and Liabilities, and Income [Abstract]    
Pre-tax fair value gains (losses) recognized during the period in accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
0us-gaap_DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax fair value gains (losses) recognized during the period in regulatory (assets) and liabilities (174,000)psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
9,826,000psco_DerivativeInstrumentsGainLossRecognizedInRegulatoryAssetsAndLiabilitiesEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax (gains) losses reclassified into income during the period from accumulated other comprehensive loss 0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
0us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
Pre-tax (gains) losses reclassified into income during the period from regulatory assets and (liabilities) (5,605,000)psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[4] (8,579,000)psco_DerivativeInstrumentsGainLossReclassifiedToRegulatoryAssetsAndLiabilitiesNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[4]
Pre-tax gains (losses) recognized during the period in income $ 5,460,000us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[4] $ (4,316,000)us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_DerivativeInstrumentRiskAxis
= psco_NaturalGasCommodityContractMember
/ us-gaap_HedgingDesignationAxis
= us-gaap_NondesignatedMember
[4]
[1] Recorded to interest charges.
[2] Recorded to operating and maintenance (O&M) expenses.
[3] Amounts are recorded to electric operating revenues. Portions of these gains and losses are subject to sharing with electric customers through margin-sharing mechanisms and deducted from gross revenue as appropriate.
[4] Amounts for the three months ended March 31, 2015 and 2014 included immaterial settlement losses on derivatives entered to mitigate natural gas price risk for electric generation, recorded to electric fuel and purchased power, subject to cost-recovery mechanisms and reclassified to a regulatory asset, as appropriate. The remaining derivative settlement gains and losses for the three months ended March 31, 2015 and 2014 relate to natural gas operations and are recorded to cost of natural gas sold and transported. These gains and losses are subject to cost-recovery mechanisms and reclassified out of income to a regulatory asset or liability, as appropriate.