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 for qualified households
with health risks or 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 2006 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
2006: $2.6 million
2005: $2.6 million
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: March 21, 2007