Eversource Energy Eversource Water — CapEx increased by 77.7% to $65.40M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 73.0%, from $37.80M to $65.40M.
Higher spending indicates active infrastructure renewal or expansion, which supports long-term rate base growth, while significantly lower spending may signal deferred maintenance or completion of major projects.
This metric represents the cash outflows dedicated to capital expenditures for the maintenance, expansion, and moderniza...
Comparable to capital expenditure (CapEx) metrics reported by other water and regulated utility providers.
es_segment_eversource_water_payments_to_acquire_property_plant_and_equipment| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $26.20M | $37.40M | $46.00M | $27.80M | $37.80M | $37.80M | $51.00M | $37.90M | $36.80M | $65.40M |
| QoQ Change | — | +42.7% | +23.0% | -39.6% | +36.0% | +0.0% | +34.9% | -25.7% | -2.9% | +77.7% |
| YoY Change | — | — | — | — | +44.3% | +1.1% | +10.9% | +36.3% | -2.6% | +73.0% |