EPIC’s activities are funded by a combination of internal and external sources. The majority of EPIC’s funding to date has been provided by internal funds, which comprise initial seed funding and an endowment. These funds can be used to support general operating expenses. External funding is provided by a variety of sources, including federal agencies, energy utilities, rate-payer funded programs, local public agencies, non-profit organizations, foundations, private companies, and other universities. External funding is provided to complete specific and discrete projects. The chart below provides a breakdown of EPIC expenditures from inception in 2005 through December 2014.
In addition, the EPIC Board of Advisors adopted a Conflict of Interest Funding Policy on January 28, 2014 to guide receipt of funds from private stakeholders that could have a financial interest in the subject matter of EPIC’s activities.
EPIC Expenditures by Source
Fiscal Year 2015-16
Hover over a slice to view its percentage.