Project SHARE Heating Fund Receives $478000 in Heating Assistance Donations for NYSEG and RGE Customers

Press Releases

05/24/2018

Project SHARE Heating Fund Receives $478,000 in Heating Assistance Donations for NYSEG and RG&E Customers

Fund Helps Those Facing Emergencies Who Have Exhausted Other Options

BINGHAMTON, NEW YORK May 24, 2018 NYSEG and RG&E, subsidiaries of AVANGRID, recognize Dominion Transmission and the Avangrid Foundation for their generous support of the companies Project SHARE Heating Fund. Dominion Transmission donated $10,000 to HeartShare Human Services of New York, which administers the Project SHARE funds. The Avangrid Foundation donated $400,000 to HeartShare Human Services of New York to support the Project SHARE Fund. The Project SHARE Fund also received approximately $140,000 through contributions by customers and employees of NYSEG and RG&E over the last year.

We are grateful to Dominion Transmission, the AVANGRID Foundation, our customers, and employees for their support for the Project SHARE Heating Fund. This fund helps families to stay warm and safe with emergency energy assistance when they need it most, said Carl A. Taylor, president and CEO of NYSEG and RG&E. We are also grateful for our partnership with HeartShare Human Services of New York, the administrator of the heating fund.

"Dominion Energy is proud to have the opportunity to partner once again with NYSEG/RG&E and HeartShare Human Services to help support NYSEG/RG&E's upstate New York customers in need," said Stan J. Ossowski, Manager, Northern Area-NY, Dominion Energy Transmission. "As an organization, we are committed to supporting meaningful projects like the Project Share Heat Fund program that encourage energy efficiency and provide customer assistance."

Avangrid Foundation, an independent organization that funds philanthropic investments in areas where AVANGRID Inc. and its subsidiaries like NYSEG and RG&E operate. Dominion Transmission is an interstate pipeline company supplying natural gas to parts of the NYSEG and RG&E service areas.

"HeartShare would like to thank Dominion for its continued years of helping to keep New York families stay warm and safe during the cold winter months. For more than 10 years Dominion has donated $10,000 to the Project Share Fund which helps customers of RGE and NYSEG. Every dollar donated by Dominion is given out as grants to families that need help paying their utility bills. It takes a village and Dominion has been part of the village each and every year, Joe Guarinello, VP of Energy Programs

The Project SHARE Heating Fund assists NYSEG and RG&E customers who are facing an energy emergency and have exhausted all other funding options. Active members of the military and veterans who have been honorably or generally discharged from the military receive special consideration for Project SHARE grants.

In 2017, approximately 1,600 individuals or families benefited from Project SHARE grants:

788 NYSEG households received more than $230,000 in grants.
640 RG&E households received $192,000 in grants.
160 other suppliers of fuel and heating services to NYSEG and RG&E households received grants totaling $56,000.

To make a contribution to the fund, NYSEG and RG&E ask employees and customers to consider:

Automatic Giving adding a whole dollar amount to future bills.
Adding exactly $1, $2 or $5 to any NYSEG or RG&E bill payment.

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

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