A Dallas-based has shown itself to be a different kind of energy provider in more than one way. Stream Energy is a supplier of energy, wireless services and home security solutions. The firm has demonstrated robust growth since it was founded in 2005.
The company has extended a presence into seven states, including Texas, Pennsylvania, New York, New Jersey, Georgia, Maryland and Illinois. It also has a growing presence in Washington D.C. It was the first firm to take advantage of Texas’ move to deregulate its electricity market.
But a growing customer base and healthy profits prompted Stream Energy from and early stage to develop a policy of giving back to its community. To that end, it created one of the most active and aggressive philanthropic organization within the energy sector.
That proved prescient in 2017 when Hurricane Harvey slammed into Texas bringing with it devastating rain and historic flooding. Stream Energy was among the first NGOs to step up. It supplied financial and other forms of aid to thousands of citizens clobbered by Harvey.
Industry observers called Stream Energy’s efforts to help in the wake of Harvey a “textbook example” of how a Dallas-based corporation leverages charity and philanthropy to support the community that has enabled it to thrive as a business.
In addition to moving in quickly with hurricane relief, Stream Energy has shown itself frequently to be a company that has strived to infuse philanthropy seamlessly into its fundamental corporate culture. It has formed partnerships with Habitat for Humanity and the Red Cross.
It also launched a major project in cooperation with Hope Supply Co. The latter serves homeless children. Stream energy working with Hope supply recently paid for the entrance and meal costs of more than 1,000 North Texas homeless children in the annual Splash for Hope event.
Yet another example is Steam’s work with Operation Once in a Lifetime. This effort provided moral and financial support to Dallas-area veterans and their families. It wasn’t just a donation of cash. Stream Energy donated transportation to veterans during a special event that provided a ribs, burgers and steaks feast at a favorite local restaurant.