Investor Presentaiton
SPS | Base Capital Expenditure Forecast
Dollars in Millions
SPS | Investor Fact Book October 2023 | Xcel Energy
2024
2025
2026
2027
2028
Total
Electric Transmission
$410
$310
$250
$410
$330
$1,710
Electric Distribution
$250
$300
$300
$340
$360
$1,550
Other
$110
$100
$90
$90
$110
$500
Electric Generation
$130
$70
$20
$20
$20
$260
Renewables
$10
$0
$0
$10
$10
$30
Total
$910
$780
$660
$870
$830
$4,050
Excludes potential additional investment associated with PPA buyouts
SPS | Authorized Equity Ratios & ROES
Texas Electric
New Mexico Electric
(a) For AFUDC purposes.
(b) Previous rate case
SPS | Recovery Mechanisms
Texas:
Historic test year (wind settlement reduced regulatory lag)
DSM incentive mechanism
Fuel clause adjustment
Purchased Capacity Cost Recovery Factor
Transmission Cost Recovery Factor
Distribution Cost Recovery Factor
AMI rider
Generation rider
New Mexico:
Ability to file forward test year
DSM incentive mechanism
Fuel clause adjustment
Equity Ratio
54.62% (a)(b)
54.72%
ROE
9.35% (a)
9.35%
66View entire presentation