Other

Effective Income Tax Reconciliation Allowance For Funds Used During Construction Capitalized Cost Of Equity

WEC Energy Group Effective Income Tax Reconciliation Allowance For Funds Used During Construction Capitalized Cost Of Equity increased by 46.7% to 2.2% in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 100.0%, from 1.1% to 2.2%. Over 2 years (FY 2021 to FY 2023), Effective Income Tax Reconciliation Allowance For Funds Used During Construction Capitalized Cost Of Equity shows an upward trend with a 63.3% CAGR.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026

How to read this metric

Changes indicate shifts in the scale of capital projects relative to total taxable income.

Detailed definition

The percentage impact of the AFUDC equity component on the effective income tax rate. This highlights how regulatory acc...

Peer comparison

Standard metric for regulated utilities to explain effective tax rate deviations.

Metric ID: other_effective_income_tax_reconciliation_allowance_for__3b023b

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value0.1%0.1%0.1%0.1%0.1%0.1%0.1%0.2%0.2%0.2%0.2%0.9%0.7%0.5%1.1%1%1.5%2.2%
QoQ Change+0.0%+0.0%+33.3%+0.0%+0.0%+0.0%+100.0%+0.0%+0.0%+0.0%+350.0%-22.2%-28.6%+120.0%-9.1%+50.0%+46.7%
YoY Change+33.3%+33.3%+33.3%+100.0%+100.0%+100.0%+100.0%+350.0%+250.0%+150.0%+22.2%+42.9%+200.0%+100.0%
Range0.1%2.2%
CAGR+121.4%
Avg YoY Growth+115.4%
Median YoY Growth+100.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is WEC Energy Group's effective income tax reconciliation allowance for funds used during construction capitalized cost of equity?
WEC Energy Group (WEC) reported effective income tax reconciliation allowance for funds used during construction capitalized cost of equity of 2.2% in Q1 2026.
How has WEC Energy Group's effective income tax reconciliation allowance for funds used during construction capitalized cost of equity changed year-over-year?
WEC Energy Group's effective income tax reconciliation allowance for funds used during construction capitalized cost of equity increased by 100.0% year-over-year, from 1.1% to 2.2%.
What is the long-term trend for WEC Energy Group's effective income tax reconciliation allowance for funds used during construction capitalized cost of equity?
Over 2 years (2021 to 2023), WEC Energy Group's effective income tax reconciliation allowance for funds used during construction capitalized cost of equity has grown at a 63.3% compound annual growth rate (CAGR), from 0.3% to 0.8%.
What does effective income tax reconciliation allowance for funds used during construction capitalized cost of equity mean?
The percentage effect of AFUDC equity on the overall effective tax rate.