Alabama Fuel Funds

• The Alabama Business Charitable Trust Fund, Inc., was created with Alabama Power shareholder funds in 1992. It complements and supplements another fund, Project Share, and LIHEAP by providing cooling or emergency assistance program for qualified households with health risks or in a severe financial crisis. Funds for energy efficiency improvements and counseling for low-income households are provided by the Trust.

• Alabama's Project Share is funded by contributions from major electric and gas utilities' customers, employees, and stockholders. In 2004 it distributed over $1.7 million in benefits. Alabama Power administers collections, and the Red Cross administers the rest of the program. The project operates year round and serves senior citizens, disabled persons, and those on fixed or low incomes.

LEVERAGING

2004: $2.9 million
2003: $2.5 million
2002: $1.5 million
2001: $2.6 million
2000: $2.3 million
1999: $2.3 million
1998: $2.3 million
1997: $2.1 million
1996: $2.1 million
1995: $2.4 million

Page Last Updated: September 24, 2009