CO Fund to Distribute $8 Million This Year
October 10 -- Energy Outreach Colorado (EOC) is distributing $1.3 million in energy assistance funds to nonprofit organizations across the state this week to help limited-income families, special needs individuals and seniors pay their energy bills.
This distribution is the first of four that EOC plans to make throughout next summer, totaling nearly $8 million. EOC is the only nonprofit in Colorado that raises funds for energy assistance and energy efficiency upgrades for affordable housing and nonprofits.
The energy assistance funding will go to 124 organizations across the state, including the Salvation Army, seniors' organizations, faith-based charities and Colorado's LIHEAP.
In FY 2012, the organization distributed more than $9 million to help more than 121,000 households with an average payment of around $380.
"About one in five Coloradans is considered low-income and at risk of having their energy disconnected, which can lead to safety and health risks and homelessness," said Skip Arnold, EOC executive director. "We provide energy assistance for people in financial emergencies to get back on their feet, and energy efficiency grants to help affordable housing communities and nonprofit facilities reduce energy usage and lower their costs for the longer term."
Source: Energy Outreach Colorado