Nevada State Public Benefit Funds for Energy Efficiency
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. This is referred to as the Universal Energy Charge
(UEC).
The UEC is expected to generate about $10 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. The remainder is distributed to the state weatherization
grantee, the Nevada Housing Division.
During SFY 2007, UEC funds provided energy conservation measures such as insulation in ceilings, floors and ducts, weatherstripping and caulking, heating and cooling system repairs and replacement, and water heater repairs and replacement for about 1,058 households.
See utility restructuring updates
LEVERAGING
2007: $3.1 million
2006: $2.6 million
2005: $2.6 million
2004: $2.6 million
2003: $3.6 million
2002: $1.6 million (includes rate assistance)