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Revenues (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue is classified by the type of goods/services rendered and market/customer type. SPS’ operating revenues consisted of the following:
Three Months Ended June 30
(Millions of Dollars)20242023
Major revenue types
Revenue from contracts with customers:
Residential$83 $91 
Commercial and Industrial219 257 
Other13 14 
Total retail315 362 
Wholesale30 51 
Transmission70 72 
Other
Total revenue from contracts with customers416 487 
Alternative revenue and other42 
Total revenues$458 $496 
Six Months Ended June 30
(Millions of Dollars)20242023
Major revenue types
Revenue from contracts with customers:
Residential$169 $192 
Commercial and Industrial (a)
436 524 
Other22 26 
Total retail627 742 
Wholesale66 96 
Transmission141 146 
Other
Total revenue from contracts with customers835 986 
Alternative revenue and other51 18 
Total revenues$886 $1,004 
(a)For the six months ended June 30, 2024, revenues from one C&I customer represented approximately 10.2% of total revenues.