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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 or 15(d) of the
                         SECURITIES EXCHANGE ACT OF 1934


        Date of report (Date of earliest event reported) June 30, 1997


                       SOUTHWESTERN PUBLIC SERVICE COMPANY
                   ----------------------------------------
              (Exact Name of Registrant as Specified in Charter)


                                   New Mexico
                             --------------------
                          (State or Other Jurisdiction
                                of Incorporation)


               1-3789                                  75-0575400
          ----------------                          -----------------
        (Commission File No.)                         (IRS Employer
                                                   Identification No.)


      Tyler at Sixth, Amarillo, Texas                     79101

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      (Address of Principal Executive Offices)         (Zip Code)


      Registrant's telephone number, including area code(806)  378-2121



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ITEM 5.  OTHER EVENTS

      Reference  is made to the press  release  filed as an  exhibit  hereto for
information  with respect to Company's  recorded  charge related to a subsidiary
project.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits.

The following exhibits are filed herewith:

      99    Press  Release,  dated  June  30,  1997,  of  Southwestern  Public
            Service Company.









                                    SIGNATURE


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.




                                      SOUTHWESTERN PUBLIC SERVICE COMPANY

                                               /s/B. D. Helton
                                          -----------------------------
                                                B. D. Helton
                                          Chairman and Chief Executive Officer



Date:    June 30, 1997