1. GNG grants $250,000 to HEAT for winter heating assistance in Georgia. 2. Grant aims to support vulnerable families, including seniors and veterans. 3. Partnership underscores GNG's commitment to community welfare. 4. GNG prioritizes reliable natural gas to enhance heating safety and comfort. 5. Southern Company Gas helps serve 4.4 million natural gas customers.
FAQ
Why Neutral?
The grant showcases corporate social responsibility but does not affect SO’s immediate financials. For example, previous community engagements haven't notably impacted stock prices.
How important is it?
While the article reflects SO's commitment to stakeholders, it lacks direct market impact.
Why No Impact?
Community grants generally lead to positive reputational effects over time but lack immediate market impact.
Georgia Natural Gas® Donates $250,000 to Support Winter Heating Assistance
Georgia Natural Gas® (GNG), a subsidiary of Southern Company Gas (NYSE: SO), has recently made a significant contribution to the Heating Energy Assistance Team, Inc. (HEAT), donating $250,000 to aid communities across Georgia during the upcoming 2025/2026 winter heating season. This grant aims to provide much-needed support for residents in Atlanta and surrounding areas, ensuring their safety and comfort during cold months.
Commitment to Community Welfare
John Jamieson, Vice President of Retail Operations for GNG, expressed the company's dedication to community welfare, stating, "We understand the vital work that HEAT does to protect the safety, health, and comfort of our neighbors. This $250,000 grant reflects our company's commitment to vulnerable seniors, veterans, and children." He emphasized how this initiative allows families to focus on their daily lives without the concern of heating their homes.
For over two decades, GNG has collaborated with HEAT to ensure that more Georgians have access to reliable natural gas. The funding provided by GNG will go towards:
- Direct bill-payment assistance for families
- Emergency interventions for eligible households
- Enrollment support to connect families with necessary resources
This partnership highlights GNG's core values centered around enhancing the well-being of communities statewide.
Acknowledgment from HEAT
As temperatures begin to drop and the holiday season approaches, HEAT expressed gratitude for GNG's generous support. Executive Director Nichelle A. Mitchem, Esq. remarked, "This $250,000 gift comes at a critical time, allowing us to provide safety, warmth, and comfort to thousands of vulnerable families across Georgia."
Finding Assistance
Residents in need of assistance or wishing to support HEAT’s important work can find more information at heatga.org. Additionally, to learn more about GNG's community engagement efforts, visit news.gng.com.
About Georgia Natural Gas and Southern Company Gas
Georgia Natural Gas is part of SouthStar Energy Services®, owned by Southern Company Gas (NYSE: SO). Southern Company Gas serves approximately 4.4 million natural gas utility customers across four states, providing essential energy services as well as operating in various markets. This includes Ohio Natural Gas®, Florida Natural Gas®, and Pennsylvania EnergySM, among others.
Southern Company Gas' other operations include investments in interstate pipelines and ownership of natural gas storage facilities. For further insights, you can visit southerncompanygas.com.
About HEAT
The Heating Energy Assistance Team (HEAT) brings together government entities, businesses, and private citizens to address the energy needs of Georgia residents. Established in 1983 and transitioning to a separate 501(c)(3) non-profit in 2000, HEAT provides energy assistance across various energy sources. For further details or assistance, visit heatga.org or call 678-406-0212.