NM – Xcel Energy

Case: 20-00238-UT
Initial Filing Date: 1/4/2021
Summary: 21.17% increase
Effective Date: 8/6/2021
Status: Pending
Type: Electric

 

 

Xcel Energy (Southwestern Public Service Company) has filed a petition with the New Mexico Public Regulation Commission requesting an overall revenue requirement of $410 million. This represents an increase in base revenue of $87 million, or 21.17%.

 

The proposed rates were scheduled to become effective on February 3rd, 2021, and would affect all customers taking service in the state of New Mexico; the Commission has an additional 9 months from the date of filing to make a final ruling on the rate case, however, and has scheduled the final public hearing for this proceeding to take place July 26th through Aug 6th, 2021.

 

Southwestern Public Service Company has also provided data detailing how their proposed rates will affect different customer classes, as showcased in our graph below:

 

 

To see the data and to read the proposal in its entirety, you can check out the filing document here.

 

For the Commission’s webpage for the rate case and to stay up to date on the approval status, you can see all pertinent documents by going to their webpage on Case #20-00238-UT.

 

Looking for a breakdown on current rates for customers taking service from Southwestern Public Service Company? Interested in historical data to help your business better plan for the future? Sign up for our risk-free 14 Day Free Trial and gain access to RateAcuity’s vast database, or contact one of our data experts today to see how we help our diverse customer base meet their business needs across the nation!

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