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Genie Energy Provides Launch Date For Texas Entry

Provides Customer Metrics, Other Market Launch Dates


January 29, 2019

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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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In an investor presentation, Genie Energy has provided the launch date for several markets including Texas

In the presentation, Genie listed the market launch for Texas as 1HQ19 (first half of 2019)

As exclusively reported by EnergyChoiceMatters.com, Genie Energy's Town Square brand is already licensed in Texas, while Genie has also created a new brand, Southern Federal Power, which is also seeking a Texas license (a logo for the new brand is below)

Genie also provided an update on its entry into Japan's retail energy market, which Genie also listed as the first half of 2019

Genie also listed various customer metrics, based on residential customer equivalents as of Sept. 30, 2018, such as a breakdown by brand, state, commodity, and product

Genie Energy Customer Portfolio, based on RCEs as of 9/30/18:

 

The logo for Southern Federal Power is below:

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