Supplies electricity and natural gas to residential and small business customers, focusing on renewable energy and innovative energy solutions.
Genie Energy Ltd., along with its subsidiaries, specializes in providing electricity and natural gas services to residential and small business customers across the United States, Finland, Sweden, Japan, and other global markets. The company operates through three distinct segments: Genie Retail Energy (GRE), GRE International, and Genie Renewables. In addition to its energy supply operations, Genie Energy offers energy advisory and brokerage services, engages in solar panel manufacturing, distribution, as well as solar installation design, and oversees project management activities.
Founded in 2011 and headquartered in Newark, New Jersey, Genie Energy Ltd. has established itself as a multifaceted player in the energy sector, focusing on delivering reliable and sustainable energy solutions to its diverse customer base. The company's GRE segment manages its retail energy operations within the United States, catering primarily to residential and small business consumers.
Internationally, through GRE International, Genie Energy expands its footprint in markets like Finland, Sweden, Japan, and beyond, aiming to provide efficient and cost-effective energy solutions tailored to local needs. Furthermore, Genie Renewables underscores the company's commitment to environmental sustainability, focusing on initiatives that promote renewable energy sources and technologies.
With a strategic emphasis on innovation and customer service, Genie Energy continues to grow its global presence while actively pursuing opportunities in emerging energy markets and advancing its capabilities in renewable energy solutions.