January 2023 - Genie Solar Energy

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Renewable Energy to reach 44% of US energy sources by 2050

Renewable Energy Projected to Reach 44% of US Energy by 2050

January 12, 2023 By Dan Seitz In News No Comments

It is projected that renewable energy will reach up to 44 percent of the US energy mix by 2050, according to the Energy Information Administration. With electric vehicles and other green initiatives gaining popularity in recent years, this forecasted number is an extremely promising sign for the environment. As demand for clean energy increases, many […]

Expect Mass EV Adoption with the NEVI Program

Expect Mass Adoption of EV Chargers With the National Electric Vehicle Infrastructure Program (NEVI)

January 9, 2023 By Dan Seitz In News No Comments

The National Electric Vehicle Infrastructure Program (NEVI) is a government initiative that is providing funding for the installation of a charging infrastructure for electric vehicles in the United States. The program was created in response to the growing demand for electric vehicles and chargers and aims to make it easier for EV drivers to charge […]

Comparing the different levels of EV chargers

Comparing the Different Levels of EV Chargers

January 5, 2023 By Dan Seitz In News No Comments

If you’re a business owner interested in providing EV charging for your customers or employees, you may be wondering which type of charger to get. There are three main levels of EV chargers, and each has its own benefits. In this blog post, we’ll compare Level 1, Level 2, and Level 3 EV Chargers to […]

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.

Wiley Property Management Case Study
The installation of the solar array on the roof of storage facility is leveraging a limited regulation called “Group Hosting”. Group hosting is a method where a group of businesses or individuals share the installation and use of a larger solar array on a single property.
Bake Crafters Food Company
Bake Crafters’ commercial solar array is a remarkable example of sustainability in action. With an output capacity of 800 kW and predictions of offsetting 770 metric tons of CO2 emissions.
Integra Biosciences
Integra Biosciences’ Commercial Solar project achieves 22% IRR and aligns with the company’s global sustainability goals and commitments. The two installations total 572-kW and generate enough power to offset 844,000 kWh.
Commercial Solar Case Study – Kraft Power Power
Kraft Power utilized American made solar panels to install a 57.5 kW system on their roof. The new rooftop solar system, will help Kraft Power offset 100% of the electricity usage every year.

Explaining Community Solar and Solar Land Leases
Learn what community solar and solar land leases are and the benefits they bring to both the landowners and their communities.
Benefits of Joining a Commercial Solar Partner Program
Commercial Solar partners can integrate solar solutions into their existing services, offering comprehensive packages for all energy needs.
It’s Time for Businesses to Stop Leasing Their Energy
By embracing commercial solar, businesses claim authority over their energy costs, insulated from the unpredictable utility rate changes.
Limited Grid Capacity for Commercial Solar
Some states are struggling with limited grid capacity for commercial solar projects. See what business owners can do about it.

Convinced to go solar by the New Jersey incentives, PCS Wireless looked at several solar companies to provide the best overall value. Genie Solar was able to design a unique system to offset the largest portion of their electricity usage. Additionally, we combine it with an exclusive financial product which minimized the cash out of pocket and maximized the return on investment. The 494 kW system was constructed in minimal time, with no impact on the businesses operations.

PCS Wireless

A provider of engine-generator systems, Kraft Power was a pioneer of “Total Energy” (Combined Heat and Power). After seeing the financial and green benefits of solar at their headquarters in Massachusetts, Kraft wanted to capitalize on the lucrative state incentives in New Jersey at a distribution center. By installing a 57.5 kW system on the roof they were able to offset 100% of their electricity usage, take advantage of the Investment Tax Credit, accelerated depreciation, and collect revenue from the New Jersey SREC program. Genie Solar made it a smooth process and limited the need for internal resources to manage the project.

Kraft Power

A premier provider of water treatment in the New York and New Jersey area, Tower wanted to go solar to save money and generate clean energy. Upon reviewing the financial benefits available in New Jersey with the SREC program and the federal Investment Tax Credit, they wanted to safe harbor the project in 2019 and construct in 2020. Buying American Made panels was an important component of the project, and by utilizing their white roof, Genie Solar was able to leverage Prism Solar’s bifacial panels to minimize the square footage needed and maximize the electricity generated. Genie Solar helped them achieve all of their goals in an efficient manner with a 44.6 kW system.

Tower Water

Cardoza had both a showroom and a distribution center with exorbitant electricity costs in New Hampshire. As a legacy business, it was important to reduce costs and protect the business from increasing expenses prior to passing it on to the owner’s children. The show room’s roof and location made it a less than ideal location for solar; but the vast roof and direct sunlight on the distribution center could generate enough solar to power both facilities, plus the owner’s house. Leveraging New Hampshire’s group host program, Genie Solar built one 99.7 kW solar array to power all three locations. The owner is now considering converting more equipment to solar and building a second array.

Cardoza Flooring

A destination nursery in rural New Hampshire, HBTSR was a long standing customer of Genie Solar’s sister company, Diversegy. After helping the business reduce electricity expenses for the past number of years, HBTSR turned to Genie Solar to reduce their rising electricity expenses over the long run. “Between the federal and NH state incentives, I was paid $8,000 to install my solar array. On top of getting money back, I am going to realize over $300,000 in savings during the 25 year warranty period of the solar array.”

House By The Side of the Road