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Delaware State Funds

Delaware State Funds

Starting in 2008, Delaware has participated in the Regional Greenhouse Gas Initiative (RGGI), a coalition working to limit carbon dioxide pollution through a cap and trade system. Participating states limit the amount of CO2 that can be emitted by their power plants and auctions of CO2 emissions allowances are conducted quarterly.

Approximately 65 percent of Delaware’s auction proceeds is directed to the Delaware Sustainable Energy Utility (SEU), the entity tasked with providing energy efficiency and renewable energy programs for households and businesses.

Of the 65 percent, 15 percent of the CO2 allowance proceeds is directed to low-income consumers — 10 percent goes to the Weatherization Assistance Program (WAP), and up to 5 percent is directed to LIHEAP. In 2010, the WAP received $735,214 in RGGI funds that were administered by the Department of Health and Social Services, the LIHEAP grantee.

See electric utility restructuring.