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Unclaimed Utility Deposits to Heat Homes

November 4th, 2011 by flanews

It’s getting cold and with the changing temperature comes skyrocketing heating cost. State Senator Gary Siplin has a plan to help low income seniors pay their power bills. Right now about four billion dollars in utility deposits are sitting in a vault in Tallahassee, because people have forgotten about them. Siplin has filed a bill to allow the money to be used to help seniors struggling to pay bills.

“We want to use that to help our seniors pay their light bills so they can then begin to choose between prescription drug and their budget or their mortgage and their rent,” said Siplin.

Utility companies hang onto unclaimed deposits for two year. Then the state keeps them a few more years. To see if you have a unclaimed deposit visit www.fltreasurehunt.org

Posted in Energy, State News | 7 Comments »

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