Low-Income Energy Assistance Funding Set at 92 cents/meter
The Michigan Public Service Commission has approved a 92-cent per meter charge to support the Low-Income Energy Assistance Fund, starting September 2019 and running through August 2020. HomeWorks Tri-County Electric Cooperative has opted in to the program for the third straight year to ensure members will be able to take advantage of this safety net for their families.
The Commission sets the LIEAF funding factor each year based on participation by utilities around the state. The monthly fee is assessed on retail electric billing meters (only one per residential site) in all rate classes and cannot be more than $1. The total amount collected is capped at $50 million annually. Last year’s surcharge was 93 cents.
LIEAF funding is distributed by the Michigan Department of Health and Human Services through the Michigan Energy Assistance Program. MEAP provided 61,322 households across Michigan, from October 2018 through May 2019, with help toward energy self-sufficiency and with an average of $534 for utility payments.