Allowance for equity funds used during construction
Nextra Energy Allowance for equity funds used during construction increased by 2.0% to $52.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 36.8%, from $38.00M to $52.00M. 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
How to read this metric
An increase indicates higher levels of capital investment in long-term infrastructure projects that are not yet operational.
Detailed definition
This represents the non-cash equity component of the Allowance for Funds Used During Construction (AFUDC). It reflects t...
Peer comparison
Standard across regulated utilities; peers with aggressive infrastructure expansion will show higher values.
nee_allowance_for_equity_funds_used_during_constructionHistorical Data
| 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 | $34.00M | $37.00M | $42.00M | $37.00M | $30.00M | $20.00M | $24.00M | $31.00M | $31.00M | $43.00M | $56.00M | $56.00M | $41.00M | $50.00M | $51.00M | $38.00M | $44.00M | $48.00M | $51.00M | $52.00M |
| QoQ Change | — | +8.8% | +13.5% | -11.9% | -18.9% | -33.3% | +20.0% | +29.2% | +0.0% | +38.7% | +30.2% | +0.0% | -26.8% | +22.0% | +2.0% | -25.5% | +15.8% | +9.1% | +6.3% | +2.0% |
| YoY Change | — | — | — | — | -11.8% | -45.9% | -42.9% | -16.2% | +3.3% | +115.0% | +133.3% | +80.6% | +32.3% | +16.3% | -8.9% | -32.1% | +7.3% | -4.0% | +0.0% | +36.8% |
Allowance for equity funds used during construction at Other Companies
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 $52.00M in Q1 2026.
- 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 increased by 36.8% year-over-year, from $38.00M to $52.00M.
- 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 portion of financing costs attributed to equity used for construction projects.