Company Overview of Southwestern Public Service Company
Southwestern Public Service Company engages in the generation, purchase, transmission, distribution, and sale of electricity in Texas and New Mexico. It generated electricity from coal and natural gas. The company offers electricity to residential, commercial, and industrial customers, as well as public authorities. It serves approximately 376,000 retail customers. The company was founded in 1921 and is based in Amarillo, Texas. Southwestern Public Service Company is a subsidiary of Xcel Energy Inc.
Tyler at Sixth
Amarillo, TX 79101
Founded in 1921
Key Executives for Southwestern Public Service Company
Vice President and President of Energy Supply of Xcel Energy Inc.
Principal Accounting Officer
Compensation as of Fiscal Year 2013.
Southwestern Public Service Company Key Developments
Southwestern Public Service Company Announces Board Appointments
Mar 4 14
Southwestern Public Service Company announced the formation of his operating company leadership team serving Texas and New Mexico. Evan Evans, formerly with El Paso Electric, is the new regional vice president of Rates and Regulatory Affairs. Brenda J. Holland has been promoted to the position of director of Customer and Community Relations. Seth Thomason is the director of Business Customer Relations, and Bill Grant will continue in his role as director of Strategic Planning. All four are based in the SPS headquarters building in downtown Amarillo. From 2006 through 2013, Evans was assistant vice president of Regulatory Services and Rates for El Paso Electric Company. Holland has worked for Xcel Energy and SPS for 28 years in regulatory accounting and rate administration, business consulting, and sales account management positions. In 2012, she became regional manager of Community and Economic Development for the Texas Panhandle. In her new role, Holland directs the group that oversees relationships with community and city leaders and coordinates corporate support for community events and organizations in the SPS Texas and New Mexico operating region. Holland currently serves on the boards of the Better Business Bureau of the Texas Panhandle and the Don Harrington Discovery Center. Thomason continues in his role as director of Business Customer Relations, overseeing a group of account representatives that serve as the primary liaison with large industrial customers in Texas and New Mexico. Grant continues in his role as director of Strategic Planning for Texas and New Mexico, directing strategy for transmission expansion planning and Southwest Power Pool policies for cost allocation and recovery. He joined SPS in 1981 as a control room operator at the Maddox Generating Station near Hobbs, N.M. He later worked in real-time trading and power operations in Denver and Amarillo before he was appointed to manage Amarillo's Transmission Control Center and the company's wind energy integration efforts in Texas and New Mexico.
Southwestern Public Service Co. Announces Management Changes, Effective from December 31, 2013
Nov 8 13
Xcel Energy Inc. announced it has named David Hudson president and CEO of subsidiary Southwestern Public Service Co., effective December 31, 2013. Hudson has been in charge of Southwestern Public Service's customer and community relations community relations since 2010. Hudson will succeed Riley Hill, who will assume the role of Xcel Energy's vice president for energy supply, also effective December 31, 2013.
Southwestern Public Service Company Closes an Offering of $100.0 Million of 4.50% First Mortgage Bonds Due August 15, 2041
Aug 20 13
Xcel Energy Inc. subsidiary Southwestern Public Service Company announced that it closed an offering of $100.0 million of 4.50% first mortgage bonds due August 15, 2041. The bonds are redeemable at any time subject to certain "make whole" provisions prior to February 15, 2041. On or after this date, the bonds are callable at par. Deutsche Bank Securities Inc. and Mitsubishi UFJ Securities (USA) Inc., acted as joint book-running managers for the offering.
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