Ameren Allowance for equity funds used during construction increased by 10.7% to $31.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 93.8%, from $16.00M to $31.00M. Over 4 years (FY 2021 to FY 2025), Allowance for equity funds used during construction shows an upward trend with a 19.6% CAGR.
An increase indicates significant ongoing capital projects, signaling future rate base growth, though it does not represent immediate cash inflow.
Allowance for Funds Used During Construction (AFUDC) represents the cost of debt and equity capital used to finance the...
Specific to rate-regulated utilities; peers with large construction projects will show similar line items.
afudc| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.00M | $14.00M | $13.00M | $8.00M | $11.00M | $12.00M | $12.00M | $9.00M | $14.00M | $16.00M | $15.00M | $9.00M | $16.00M | $23.00M | $28.00M | $16.00M | $23.00M | $21.00M | $28.00M | $31.00M |
| QoQ Change | — | +55.6% | -7.1% | -38.5% | +37.5% | +9.1% | +0.0% | -25.0% | +55.6% | +14.3% | -6.3% | -40.0% | +77.8% | +43.8% | +21.7% | -42.9% | +43.8% | -8.7% | +33.3% | +10.7% |
| YoY Change | — | — | — | — | +22.2% | -14.3% | -7.7% | +12.5% | +27.3% | +33.3% | +25.0% | +0.0% | +14.3% | +43.8% | +86.7% | +77.8% | +43.8% | -8.7% | +0.0% | +93.8% |