Stream Energy was founded in 2005 when the state of Texas decided to deregulate some of its laws concerning energy usage and consumption habits. What was once a tried-and-true fossil fuel monopoly has now been expanded into renewable energies and more modern technologies. Stream Energy, founded by Rob Schneider and Pierre Koshakji, wisely capitalized on this deregulation and have been able to offer energy to Texans and now Americans all over at a small proportion to the normal cost. In addition to this service, Stream Energy has also been able to provide other services which include wireless cell phone coverage, virtual doctors, VoIP services, cell phone porting, and more. Having been successful in many avenues, they expanded their markets from Texas alone in 2005 to Georgia in 2008 and the Northeast in 2010.
Success in business is great, but it does not account for a lot of the problems that exist in society. Wanting to make an impact and help combat homelessness from one of the most devastating hurricanes in the history of America, Hurricane Harvey, Stream Energy decided to do something about it and created a philanthropic spin-off of their main company named Stream Cares. Stream Cares has partnered with Hope Supply Company, which was founded in 1989. Hope Supply Company helps homeless people in many ways, and has helped Stream to give hundreds of homeless kids a day of fun at the Hawaiian Falls Water Park. At the waterpark they received a packed lunch, a hat, some sandals, and the most important thing of all which is a smile and hope for the future. Hurricane Harvey caused 125 billion dollars worth of damage, which tied Hurricane Katrina as one of the most costly hurricanes in recorded history for America. For more information on Hope Supply Company and Stream Cares, visit Stream Cares’ website here.