Regulatory Document: Southwestern Public Service Company's Deferred Accounting Treatment for Excess Liability Insurance Expense

The Public Utility Commission of Texas has released a regulatory document detailing the application of Southwestern Public Service Company (SPS) for expedited approval of deferred accounting treatment for excess liability insurance expense. At the heart of the document is testimony from Jennifer S. Pytlik, Area Vice President, Operating Company Finance at Xcel Energy Services Inc. (XES), on behalf of SPS and Xcel Energy. Pytlik's testimony highlights her role in optimizing financial plans and regulatory cost recovery strategies for SPS, including cost-of-service models for rate cases, riders, and fuel filings across various jurisdictions.

Key Takeaways:

• Jennifer S. Pytlik, Area Vice President, Operating Company Finance at Xcel Energy Services Inc., testified on behalf of Southwestern Public Service Company (SPS) and Xcel Energy in the regulatory document.
• Pytlik outlined her responsibilities, which include optimizing financial plans, managing cost-of-service models, and overseeing regulatory cost recovery strategies for SPS across various jurisdictions.
• The testimony emphasized Pytlik's role in managing a team responsible for cost recovery strategies for all SPS jurisdictions.
• The document focuses on SPS's application for deferred accounting treatment for excess liability insurance expense.
• Pytlik works for Xcel Energy Services Inc., a subsidiary of Xcel Energy, a holding company that owns several electric and natural gas utility operating companies.
• Pytlik's testimony was submitted in support of SPS's application for expedited approval.
• Xcel Energy is a registered holding company with subsidiaries that operate in the electric and natural gas sectors.
• Xcel Energy Services Inc. (XES) employs Pytlik as Area Vice President, Operating Company Finance for SPS.

Statistics:

• No numerical data or specific statistics are provided in the given document excerpt.

Sources:

• APPLICATION OF SOUTHWESTERN PUBLIC SERVICE COMPANY FOR EXPEDITED APPROVAL OF DEFERRED ACCOUNTING TREATMENT FOR EXCESS LIABILITY INSURANCE EXPENSE SUPPLEMENTAL TESTIMONY OF JENNIFER S. PYTLIK
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