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 email@example.com 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|