Diversegy

Diversegy is a retail energy brokerage and sales platform serving commercial and industrial customers across deregulated US markets. It acts both as a direct advisor to energy buyers and as a broker exchange platform on which other energy brokers and sales agents transact.

For buyers, the firm runs competitive sourcing across its supplier relationships and structures electricity and natural gas contracts, including fixed-rate, block, index, and load-following block plus index products matched to a facility's load shape. It advises on contract timing, capacity charges and supplier creditworthiness as an independent broker rather than a supplier's sales channel. Utility bill audits sit alongside procurement: a historical review of 36-48 months of invoices, plus rate schedule and tariff validation, demand charge analysis, and sales tax exemption review, all on a contingency basis with the firm handling utility negotiations.

Efficiency work covers LED lighting retrofits, which the site says can reduce lighting usage by up to 70%, demand response enrollment so customers are paid for curtailing summer peak load, reporting and benchmarking, and commercial solar through a sister company.

Diversegy is a wholly-owned subsidiary of Genie Energy (NYSE: GNE) and says it has delivered on its promises since 2013. It reports that the Genie Energy family of companies serves over 442,000 customers representing over 558,000 electricity and natural gas meters and over $280 million of annual revenue, and that Diversegy has over 60 retail energy supplier relationships. Confirm how broker compensation is disclosed inside a supply contract before signing.