Stream Energy began operating in 2005 as a retail electricity company and has now become among the largest companies in the world dealing in direct energy sales. It has for more than twelve years committed itself to assisting in charitable and philanthropic efforts. It has recently launched Stream Cares in furtherance of its philanthropic culture. The stream will formalise the company’s efforts in giving back to society. It will facilitate the establishment of long-lasting relationships with clients and build a good reputation with the public at large.
In 2017, when Hurricane Harvey destroyed the greater Houston causing displacement of thousands of residents and destruction totalling to hundreds of millions, Stream Energy responded immediately. It helped rebuild the affected areas, and to its clients, it extended payment deadlines of recent invoices. The company also gave the American Red Cross a contribution of $25,000 and assisted the organisation in receiving donations from well-wishers.
Even though the number of homeless people is always on the rise, Stream Energy’s steadfastly resolves to donate whatever it has to the homeless and brighten their lives. It collaborates with Hope Supply Co. to sponsor Splash for Hope, a simple annual program that gives the homeless children a fun experience. The event accords necessary supplies and monetary assistance, and for fun, they take children to local water parks. The stream has worked with the charitable organisation for over four years.
For families that have lost their businesses or homes in catastrophes or who are less privileged, Stream Energy helps to raise money for hem by partnering with Salvation Army. Such a case is when the North Texas area was hit by numerous tornadoes in 2016. Though it occurred a day after Christmas, Stream Energy came to their aid and donated double the amount needed for recovery.
The business model for Stream is simple. It pays associates to deliver a wide range of goods and services such as mobile phone plans and fixed-rate energy. Associates are also paid, through direct energy sales, to create a network of loyal customers. Through the corporate generosity and associate passion, Stream’s generous nature will continue.