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Nevada Public Benefit Funds for Rate Assistance

Nevada Public Benefit Funds for Rate Assistance

  • The Public Utility Commission has been collecting the Nevada Fund for Energy Assistance and Conservation (NFEAC) since August 2001. The NFEAC is funded through a mill tax assessment paid by residential and commercial customers of the seven regulated utilities in the state. It generates about $12 million annually for low-income energy assistance and conservation. Seventy-five percent is distributed on a quarterly basis to the Nevada State Welfare Division, the state LIHEAP grantee, to fund a Fixed Annual Credit program. During SFY 2010, the Energy Assistance Program expended $8 million in UEC funds, serving 10,150 households with those and other funds including LIHEAP. The average benefit was $791. See utility restructuring updates
  • Utility waivers of deposit and reconnect fees to low-income households.

LEVERAGING

2010: $8.1 million
2009: $12.2 million
2007: $14.8 million
2006: $8.4 million
2005: $12.5 million
2004: $3.3 million
2003: $3 million
2002: $1.6 million (includes energy efficiency)