Utility Customer Contribution Funds Report

Voluntary Customer Contribution Fund (CCF)

Under Iowa law, energy utilities are required to operate a fund that allows utility customers to voluntarily contribute money for deposit in a low-income heating assistance fund. The contributions are used to assist low-income persons in paying their energy bills and with weatherization. Each gas and electric utility operates an independent fund under such names as Project Share, RECare, I CARE, etc. These contributions are generally recognized as tax deductible.

Customer Contribution Fund Report 

For questions regarding the report for fiscal year 2020, email Customer Service staff at customer@iub.iowa.gov or call 515.725.7321 or 877.565.4450.

Customer Contribution Fund Annual Report for FY 2020
(July 1, 2019 - June 30, 2020)

The statewide CCF report for fiscal year 2020 consisted of contributions of $1,849,385 and distributions of $1,251,057. Funds not distributed during a fiscal year are carried forward to the next fiscal year. The information reported by utilities is compiled by IUB staff into the tracking spreadsheet that is available upon request.

Customer Contribution Fund Report
Number of Customers Contributing 10,184
Total Funds Contributed (including matching funds) $1,849,385
Total Funds Distributed $1,251,057
Number of Households Assisted 4,690
Average Assistance Per Household $267

 

 

Printed from the website on January 19, 2021 at 5:14am.