Genie Energy Ltd. (NYSE:GNE) will look for acquisitions. Michael Stein Chief Executive Officer said during the Fourth Quarter and Year-end 2023 Earnings Call, "Our 2024 projections also include continued investment in new retail customer acquisition. While wholesale energy costs remain at lower levels, we will continue to pursue acquisition opportunities created by the higher legacy cost-based rates of certain incumbent utilities.

This organic targeted growth strategy should enable us to expand our meter base cost effectively, albeit likely at a lower growth rate than we saw in 2023".