News

Genie Solar Energy

Electricity Rates On the Rise

Electricity rates have been on the rise across the globe for the past several years – China has experienced power outages to a point they couldn’t harvest their primary crops like soybeans; Europe has never-before-seen energy rates and rolling brown outs – all before the pandemic began. Then the pandemic hit, and the issues with […]

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 Solar Energy

How The Infrastructure Investment and Jobs Act (IIJA) Will Affect Businesses Going Solar

The Infrastructure Investment and Jobs Act (IIJA) is the largest investment in US infrastructure and includes major provisions for energy. With wide ranging initiatives from nuclear, hydrogen, and EV charging, the $550 billion investment will bring much needed change as we move to a more sustainable future. The investments in clean energy will boost the […]

Genie Solar Energy

Employee Spotlight: Kristin McCabe

With an open mind and yearning to become a both a leader and innovator, Kristin didn’t follow a rigid path to find her career in solar. She attended Rutgers University and earned her Bachelor of Science degree with a concentration in Public Health. While in college, she worked evenings and weekends for a residential solar […]

Genie Solar Energy

Employee Profile: Mark Kessler

Mark Kessler recently joined the Genie Solar Energy team to assist clients in the Maryland, DC, and Virginia. His background and experience in the energy industry is an excellent fit to help clients in all regions further their energy and sustainability goals. Mark is a lifelong resident of Maryland and former local utility (BGE) substation […]

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.