ORANGE, Connecticut — United Illuminating, Southern Connecticut Gas and Connecticut Natural Gas today distributed more than $417,000 in grants aimed at helping community and neighborhood organizations across the state improve energy efficiency and save on energy costs.
The three Connecticut subsidiaries of AVANGRID, Inc. (NYSE: AGR), a diversified U.S. energy company, officially awarded the grants to 56 nonprofit organizations during a ceremony at the Energize Connecticut Center in North Haven. The grants, ranging from $3,000 to nearly $14,000, were provided under the auspices of Connecticut’s Neighborhood Assistance Act tax credit program.
“For our nonprofit partners in Connecticut, we know every dollar saved on energy is a dollar that can instead be spent on programs and services in the community, whether they’re training guide dogs for the blind or providing emergency shelter services for women,” said Anthony Marone III, president and CEO of Connecticut operations for Avangrid Networks. “By supporting projects to improve energy efficiency and reduce energy costs, we help our partners achieve ongoing savings so they can devote more resources to their mission.”
Since 2010, the Connecticut AVANGRID companies have awarded more than $2.9 million in grants through the state’s Neighborhood Assistance Act (NAA) Tax Credit Program, which provides a corporate tax credit to encourage businesses to provide financial support to qualified local nonprofit organizations.
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About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a diversified energy and utility company with more than $31 billion in assets and operations in 27 states. The company owns regulated utilities and electricity generation assets through two primary lines of business, Avangrid Networks and Avangrid Renewables. Avangrid Networks is comprised of eight electric and natural gas utilities, serving approximately 3.2 million customers in New York and New England. Avangrid Renewables operates more than 6 gigawatts of owned and controlled renewable generation capacity, primarily through wind and solar, in 22 states across the United States. AVANGRID employs approximately 6,800 people. For more information, visit www.avangrid.com.