Genie Solar Energy

Taking Advantage of Safe Harbor

The ITC has helped commercial entities transition to solar and pushed growth across the country since 2005. The tax credit incentivizes going solar by allowing businesses to deduct 26% of the installation cost from their income taxes. However, this number will only sit at 26% for the remainder of 2022. It is expected that following […]

Genie Solar Energy

New York Solar Roadmap

New York has put into place a new framework to achieve 10 GW of solar for the state by 2030. This framework comes with an investment of nearly $5.9 billion which is poised to be used to extend the NY-Sun Program and continue to battle the reduction of solar project costs seen over the previous […]

Genie Solar Energy

Solar Supply Chain

The United States solar industry, including module suppliers, manufacturers, renewable energy developers and other utilities, have been under great fire. Supply chain issues which impact the immediate future of the market. These supply chain issues have led to an increase in shipping and equipment costs for solar cells and panels. There have been a few […]

Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.