Genie Energy

#7647

Rank

$387.28M

Marketcap

United States

Country

Leadership team

Mr. Michael M. Stein (Chief Exec. Officer)

Mr. Avi Goldin (Chief Financial Officer)

Ms. Joyce J. Mason Esq. (Corp. Sec. & Director)

Products/ Services

Energy, Energy Efficiency, Mining, Solar

Number of Employees

100 - 500

Headquarters

Newark, New Jersey, United States

Established

2001

Company Registration

SEC CIK number: 0001528356

Net Income

100M - 500M

Revenue

100M - 500M

Traded as

GNE

Social Media

URL

https://www.genie.com

Overview

Location

Recognition and Award

References

Summary

Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. It operates in three segments: Genie Retail Energy (GRE); GRE International; and Genie Renewables. The company also engages in the provision of energy advisory and brokerage services; solar panel manufacturing and distribution; solar installation design; and project management activities. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey.

History

Genie Energy was founded in 1999 by a group of energy industry veterans who sought to create a national energy retailer. After years of success in the deregulated natural gas and electricity markets, Genie has emerged as one of the leading providers of these services in the United States. Genie offers services to residential and commercial customers in 17 states, including New Jersey, New York, Maryland, Pennsylvania, Illinois, and California.

Mission

Our innovative technologies and digital offerings help make power more affordable, reliable, accessible and sustainable.

Vision

Genie Energy’s goal is to create an energy future that is cleaner, more efficient and promotes energy independence. We are committed to providing reliable, competitively priced products to our customers and helping them to make smart energy choices.

Key Team

Mr. Efraim Eitam (Pres of Genie Oil & Gas)

Mr. Alan Schwab (Pres & COO of Genie Retail Energy, Inc.)

Recognition and Awards

Genie Energy has received numerous awards for its pioneering efforts in the energy industry. In the past few years, the company has been recognized with the 2019 Rising Star Award from the Edison Electric Institute and the 2018 Green Power Leadership Award from the U.S. Environmental Protection Agency, among others.