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 2020-2021, email Customer Service staff at firstname.lastname@example.org or call 515.725.7321 or 877.565.4450.
Customer Contribution Fund Annual Report for FY 2020
(July 1, 2020 - June 30, 2021)
The statewide CCF report for fiscal year 2021 consisted of contributions of $875,807 and distributions of $855.375. 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. Annual updates are generally provided in the fall after fiscal-year data is completed.
|Customer Contribution Fund Report|
|Number of Customers Contributing||9,763|
|Total Funds Contributed (including matching funds)||$875,807|
|Total Funds Distributed||$855,375|
|Number of Households Assisted||2,897|
|Average Assistance Per Household||$295|