Energy Company & The Social Impact Fund

What’s the deal? First Energy, parent company of Penn Power, donated $1 million to the American Heart Association’s Social Impact Fund.

Why is this important? The Social Impact Fund provides provides financial grants and low-interest loans for evidence-based, community-driven entrepreneurial solutions to local health equity challenges including economic empowerment, healthy food access, housing, recidivism, access to quality healthcare, transportation, and educational opportunities.

How will this be important? A current big issue is how to pay for deferred utility bills due to the pandemic. Is there an impact fund that can benefit the industry?

New Castle News | FirstEnergy gives to social impact fund