Rate Matters Rate Matters (Tables)

3 Months Ended

Mar. 31, 2018

Public Utilities, General Disclosure [Abstract]

Texas 2017 Rate Case [Table Text Block]

The following table summarizes SPS’ rate increase request:

Revenue Request (Millions of Dollars)
Incremental revenue request	$	69
Transmission Cost Recovery Factor (TCRF) rider conversion to base rates (a)	(14		)
Net revenue increase request	$	55

^(a) The roll-in of the TCRF rider revenue into base rates will not have an impact on customer bills or revenue as these costs are already being recovered through the rider. SPS can request another TCRF rider after the conclusion of this rate case to recover transmission investments subsequent to June 30, 2017.

New Mexico 2017 Electric Rate Case [Table Text Block]

The following table summarizes certain parties’ recommendations from SPS’ request:

Millions of Dollars	NMPRC Staff Testimony			NMAG Testimony
SPS request	$	43		$	43
Reduction to request for the impact of the TCJA	(11		)	(11		)
SPS request, including the impact of the TCJA	32			32
ROE (9.0 percent and 9.21 percent, respectively)	(4		)	(6		)
Capital structure (52.0 percent and 53.97 percent, respectively)	(7		)	(3		)
Accelerated depreciation (Tolk plant)	(3		)	(3		)
Disallow rate case expenses	(2		)	(3		)
Regional transmission revenue (adjustment for the impact of the TCJA)	—			(3		)
Post test year plant (estimated numbers were updated to actual)	(1		)	(2		)
Other, net	(4		)	(5		)
Recommended rate increase	$	11		$	7