When companies lead on giving back to their communities, only good things come out of it. Stream Energy, an energy and phone plan provider in Texas has recently caught the attention of not only the public but the business world as well. The reason, a move to create a new branch of their company named “Stream cares”. This new branch will focus solely on philanthropic ventures within the community. Lately they’ve had no difficulty in energizing their associates, in fact, many of their current employees volunteered to help out during the recent floodings in Houston caused by Hurricane Harvey. Partnering up with other organizations such as the Red Cross of America and Habitat for Humanity, Stream Energy was able to bring much-needed aid to the people of Houston.
As stated before, other companies in the area have been intrigued by the actions of Stream Energy, so much so that CEO’s have hired advisors to attempt to emulate their methods. Of course, with anything in life, something has to be the motivation other than wanting to help your community. Because other companies have seen the potential for brand loyalty and respect, the investment in charitable foundations is worth it. However, for Stream Energy, many believe they still have a leg up in this race, and the reason comes down to their very different business model.
Stream Energy associates are tasked to make connections within their communities in order to offer fixed rate energy plans and or phone plans to go along with it. Because of these close connections with their customers, many associates will go on to form passion projects, some being backed by Stream Energy themselves. There is no doubt that Stream has changed the landscape of Texas business. Although some might feel jaded by the pursuit of wanting a good brand name, in the end, both the community and the company come out as winners.