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 2019
(July 1, 2018 - June 30, 2019)

The statewide CCF report for fiscal year 2019 consisted of contributions of $1,627,491 and distributions of $1,522,103. 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 10,807
Total Funds Contributed (including matching funds) $1,627,736
Total Funds Distributed $1,522,103
Number of Households Assisted 5,554
Average Assistance Per Household $88.47

 

 

Printed from the website on August 05, 2020 at 10:58pm.