Arizona Fuel Funds

• While most fuel funds operate through a combination of utility, customer, and shareholder contributions, Arizona has a fuel fund endowed specifically by utility shareholders, and which operates on interest generated from endowments.
  
  In 1996, Tucson Electric Power Company set aside $4.5 million in shareholder funds for the Low-Income Fund for Emergencies (LIFE) Fund. The interest generated from the fund has been used to offset cuts in LIHEAP. It is administered by the Salvation Army.

• Tucson Electric Power's Help with Emergency Energy Relief Operation (H.E.E.R.O.) invites their customers to round up their electric bill payment to the next dollar. The balance is donated to a fund, managed by the Salvation Army, which makes one-time payments on energy bills for low-income customers.

LEVERAGING (includes church and community donations)

2006: $1.6 million
2005: $1.8 million
2004: $1.8 million
2003: $557,884
2002: $476,103
2001: $625,450
2000: $582,962
1999: $367,826
1998: $407,452
1997: $496,252
1996: $144,087
1995: $125,823

Page Last Updated: March 21, 2007