Genie Energy Ltd - Company Profile

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Genie Energy Ltd: Segment Analysis

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Business Description

Genie Energy Ltd (Genie Energy) provides energy services. It provides natural gas electricity to retail energy providers in deregulated markets in the US. It also offers various solar energy solutions which include the development, construction and operation of solar energy projects; and the design, manufacturing and marketing of solar panels. The company also provides advisory and broking services to its customers.

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Business Segments

Overview

Designs, manufactures and sells solar panels. Offers energy brokerage and advisory services and sells third-party products to customers.

Performance

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Overview

Owns and operates retail energy providers (REPs), including IDT Energy, Town Square Energy (TSE), Southern Federal Power and Mirabito Natural Gas, and Residents Energy. Through these companies, Genie Energy purchases electricity and natural gas on a wholesale basis and resells those commodities to residential and small business customers in the Eastern and Midwestern US, and Texas. Operates under the Town Square Energy, IDT Energy, and Residents Energy brands.

Performance

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