Across the neighborhood of Houston when the Hurricane Harvey dropped there are so many companies in the United States that did not do anything except to watch as the lives of people were being destroyed. That was not the case for Stream Energy that is based in Dallas because they used the money that they had gotten from their energy sale business. It was the first company to help with the recovery period of the people and ease in the financial burden that the people had to face during the hurricane. For Stream Energy what is in their DNA is the corporate philanthropy. The recent launch that they announced is a foundation that would deal with the charity “Stream Cares” that would help in formalizes the ongoing charity events in Texas and some other parts of the country.
The main aim of launching the separate philanthropy arm is a new thing to them. That Stream intends to use to give back to the community, while at the same time they are offering their services to the community they are getting the respect needed and loyalty of customers. Giving back to the community helps the company in becoming high profile and become publicized. Stream Energy has built the required relationship that is long-term with Red Cross and Habitat for Humanity. Also, the employees of the company have been involved with the community giving thus creating the Stream Energy philanthropic track record.
The business model that makes up Stream Energy is uncomplicated because, by the sale of the direct energy, they use the associates by paying them to come up with the network of clients that are loyal and with that then they can deliver what they offer the fixed rate energy and the mobile phone plans. There have the services that will cater for both residential and corporate, even the telemedicine. The success of the associates is based on the commission that they will get on those sales, as they work as individual entrepreneurs and business owners. The cause that the Stream Energy cares more for is the homelessness. The firm and employees will keep track of the number of people that are homeless in Dallas.