Allowance for equity funds used during construction

Other Income & Expense

Nextra Energy Allowance for equity funds used during construction increased by 6.3% to $51.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $51.00M to $51.00M. Over 4 years (FY 2021 to FY 2025), Allowance for equity funds used during construction shows an upward trend with a 6.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase indicates higher levels of ongoing capital investment in utility infrastructure, while a decrease may signal project completions or reduced capital spending.

Detailed definition

This represents the non-cash equity component of the allowance for funds used during construction, reflecting the cost o...

Peer comparison

Common among regulated utilities with large capital expenditure programs; peers like Duke Energy or Southern Company report similar AFUDC figures.

Metric ID: is_nee_allowance_for_equity_funds_used_during_construction

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$34.00M$37.00M$42.00M$37.00M$30.00M$20.00M$25.00M$31.00M$31.00M$43.00M$56.00M$56.00M$41.00M$50.00M$51.00M$38.00M$44.00M$48.00M$51.00M
QoQ Change+8.8%+13.5%-11.9%-18.9%-33.3%+25.0%+24.0%+0.0%+38.7%+30.2%+0.0%-26.8%+22.0%+2.0%-25.5%+15.8%+9.1%+6.3%
YoY Change-11.8%-45.9%-40.5%-16.2%+3.3%+115.0%+124.0%+80.6%+32.3%+16.3%-8.9%-32.1%+7.3%-4.0%+0.0%
Range$20.00M$56.00M
CAGR+9.4%
Avg YoY Growth+14.6%
Median YoY Growth+0.0%
Current Streak3 quarters growth

Frequently Asked Questions

What is Nextra Energy's allowance for equity funds used during construction?
Nextra Energy (NEE) reported allowance for equity funds used during construction of $51.00M in Q4 2025.
How has Nextra Energy's allowance for equity funds used during construction changed year-over-year?
Nextra Energy's allowance for equity funds used during construction decreased by 0.0% year-over-year, from $51.00M to $51.00M.
What is the long-term trend for Nextra Energy's allowance for equity funds used during construction?
Over 4 years (2021 to 2025), Nextra Energy's allowance for equity funds used during construction has grown at a 6.3% compound annual growth rate (CAGR), from $142.00M to $181.00M.
What does allowance for equity funds used during construction mean?
The non-cash accounting return on equity capital invested in construction projects before they become operational.

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