(1) Each gas and electric utility shall transfer the moneys from the energy assistance contributions collected under this article to the organization on the following schedule:
For the moneys collected during the period of January 1 to March 31 of each year,the utility shall transfer the collected moneys to the organization before May 1 of such year;
For the moneys collected during the period of April 1 to June 30 of each year, theutility shall transfer the collected moneys to the organization before August 1 of such year;
For moneys collected during the period of July 1 to September 30 of each year, theutility shall transfer the collected moneys to the organization before November 1 of such year; and
For moneys collected during the period of October 1 to December 31 of each year,the utility shall transfer the collected moneys to the organization before February 1 of the next year.
Each utility shall provide the organization with a summary of how the moneys collected were generated, including the number of customers participating in the program.
The organization shall pay the public utilities commission from the moneys transferred to the organization pursuant to subsection (1) of this section for any administrative costs incurred pursuant to this article.
Source: L. 2005: Entire article added, p. 482, § 1, effective May 5.