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 |