Consumer Information Energy Telecommunications
Elizabeth S. Jacobs
Nick Wagner
Board Member
Sheila K. Tipton
Board Member

Customer Contribution Funds

Voluntary Customer Contribution Funds

Under Iowa law, energy utilities are required to operate a voluntary contribution fund where utility customers may add additional money to their monthly payment and have it deposited in a low income heating assistance fund. The money is then turned over to local social service agencies, such as the Community Action Program (CAP) agencies for distribution to needy low income persons needing assistance paying their energy bills. Because each gas and electric utility operates an independent fund and they go under such names as Project Helper, ICARE, ISHARE, etc. These contributions are generally recognized as tax deductible.

Customer Contribution Fund (CCF) Report for FY 2014
(July 1, 2013 - June 30, 2014)

The CCF report consists of contributions of $2,585,189 and distributions of $1,650,282. The contributions and distributions are reported as two separate activities and therefore are not reconciled.

Funding from Utility Customers:

Investor-owned Municipals RECs Total
Customers Contributing 8,758 1,385 1,731 11,874
Total Funds Contributed $2,406,609 $111,368 $67,211 $2,585,189
Total Funds Distributed $1,483,812 $108,704 $57,766 $1,650,282
Families Assisted 5,801 850 513 7,164
Average Per Family $256 $128 $113 $230

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