Tag Archives: Economic

How Stream Energy Takes Action Within the Community in Times of Need

Stream Energy is known for the many services it provides to its customers, which includes not only services for energy, but also for wireless connections and protective home services. This leader in the energy field was recently the topic of an online article that featured its new philanthropic foundation. Known as Steam Cares, this foundation recently stepped up to help victims after Hurricane Harvey created a path of destruction that left many people homeless in the Dallas area.

When Hurricane Harvey hit the southwestern region of the United States it not only delivered 56 inches of rain, it also created devastating effects that destroyed homes as well as people’s lives. The active role Stream Energy took in helping these individuals rebuild their lives is in keeping with the company’s philosophy on philanthropy. As a company that has been contributing to charitable efforts for more than 10 years, it came as no surprise to see them launch their own caring foundation. The new Steam Cares foundation simply formalizes the company’s process of helping.

The process of creating a separate foundation specifically for the purpose of aiding charitable efforts, is something that is relatively new to the corporate world. As the leaders at Stream Energy have seen with the community involvement after the fatal blow struck by Hurricane Harvey, this type of foundation has many benefits. Not only does it allow a company to give back to their community, it also helps them gain the respect of the general public, which could lead to the acquisition of new customers.

The help Stream Energy provided to the community of Dallas after Hurricane Harvey, is just one of a long line of charitable efforts put forth by this company. Stream is currently partnered with Habitat for Humanity and the Red Cross, where it helps stimulate action for giving at the local level. This company also takes action against homelessness in the Dallas area by partnering with an organization known as Hope Supply Co. With a 24 percent increase in the city’s homeless population, Hope Supply helps provide clothing, diapers and school supplies to homeless children.