 Finances
The Iowa Energy Center receives core annual funding from an assessment on the intrastate revenues of Iowa’s gas and electric utilities. These ratepayer monies flow to the Energy Center (see below) and are used to fund Iowa-focused energy research and education. A portion of the funds are used to pay staff salaries and the operational expenses associated with the research and education programs. While the Energy Center, in conjunction with its Advisory Council, sets our own research and education priorities, oversight of the funds is provided by several different entities. This oversight ensures that the Energy Center spends the ratepayer funds appropriately and within our legislated mission.
The Energy Center's fiscal year runs July 1 - June 30.
Assessment Funds
IUB = Iowa Utilities Board; U of I CGRER - The University of Iowa, Center for Global and Regional Environmental Research; ISU = Iowa State University; OSPA = Office of Sponsored Programs Administration; SPA = Sponsored Program Accounting; HRS = Human Resource Services
FY 2007 Expenditures
For fiscal year 2007, the Energy Center received just over $3.9 million from the utility assessment, and $318,085 in research funding from federal, state and private sponsors.
For this reporting period, the Energy Center spent $4.2 million, 80% of which was spent directly on research and education projects.
FY 2007 Competitive Grant Program Expenditures
The Energy Center issues competitive grants under two broad categories: energy efficiency and renewable energy. The Energy Center spent more than $1.8 million on competitively funded research during fiscal year 2007.
FY 2007 Collaborative Research & Education
In addition to issuing competitive grants the Energy Center partners with national organizations on research and education projects. By working through larger, national collaborative groups, the Energy Center achieves excellent funding leverage on projects that would not have the same benefit to the State if they were performed only within Iowa. Other activities include funding for student-run projects, energy education for teachers, and a variety of outreach projects that benefit the general public.
FY 2007 Sponsored Research Funding Received
To address needs in specific technical areas, the Energy Center occasionally seeks external research funding. These funds augment the assessment funds and enable the Energy Center to conduct targeted research of benefit to Iowans.
FY 2006 Results
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Assessment Funds 
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