Energy fund gets $20K grant

PROVIDENCE – The Rhode Island Good Neighbor Energy Fund has received a $20,000 grant from TransCanada, one of its energy sponsors.
The fund is a cooperative effort between the energy companies in Rhode Island, the Salvation Army, which administers the fund, and Rhode Islanders, to help those in temporary crisis with their energy bills.
TransCanada owns and operates the Ocean State Power generating facility in Burrillville.
The donation to the fund is part of a broader $60,000 investment by TransCanada to support energy assistance programs in Massachusetts and New Hampshire.
“TransCanada is proud to continue to support the Rhode Island Good Neighbor Energy Fund,” said Stuart Ormsbee, manager of Power Marketing for TransCanada. “The assistance the fund provides to residents who need help meeting their electric and other utility bills is critical during this challenging winter season.”
The 2014-15 goal of fund’s “Warm Thy Neighbor” campaign is to raise $500,000 and provide energy assistance to 1,500 families.
“We appreciate the support of TransCanada and all the energy companies who sponsor the fund,” said Major Wendy Kountz, Rhode Island state coordinator of The Salvation Army. “Receiving this grant during the winter season is ideal as it will help satisfy the increasing requests for energy assistance.”
TransCanada generates more than 1,250 megawatts of clean and competitively-priced power at its facilities in Rhode Island, western Massachusetts, New Hampshire, Vermont and Maine, with nearly 700 megawatts from renewable hydro- and wind-powered sources. The company markets its power to wholesale, commercial and industrial retail electricity customers throughout New England.
The fund provides assistance to families who do not qualify for federal and state assistance programs. The Salvation Army distributes contributions to families who qualify based on specific household income and family member guidelines.

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