September 15, 2026
IDT Energy, Inc. and Residents Energy, LLC (Joint Applicants) petitioned the PUC of Ohio for certain rule waivers to allow third party verification to be conducted digitally on a customer's own device, rather than telephonically
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June 12, 2026
In a regulatory filing at the New York PSC, IDT Energy, Inc. (IDTE), "expressly maintains its position that its variable-rate contracts have an ongoing continuous term and do not require express customer consent for each change in price."
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June 12, 2026
In a regulatory filing at the New York PSC, IDT Energy, Inc. (IDTE), "expressly maintains its position that its variable-rate contracts have an ongoing continuous term and do not require express customer consent for each change in price."
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March 24, 2026
Texas PUC Prepares Project For Streamlined Complaint Process
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November 14, 2025
The Retail Energy Supply Association (RESA), CleanChoice Energy Inc., and IDT Energy, Inc. again requested that the Maryland PSC stay its 2024 order which ends grandfathered residential UCB with POR on December 31, 2025, and provides that utilities are not required to offer UCB beyond December 31…
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April 17, 2023
4/17: PSC Staff Discloses 7 Retail Suppliers Which Received Cease & Desist Letters
Inspire provided the following statement concerning the matter discussed in our story from April 17 (original story below)
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January 25, 2022
The General Counsel of the New York PSC issued letters to 9 ESCOs informing such ESCOs that the Department of Public Service will exercise enforcement discretion, limited to 120 days and subject to other conditions, concerning the end of the current waiver that had allowed the nine ESCOs to provide…
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October 28, 2020
Pennsylvania's Commonwealth Court issued a decision in an appeal filed by Blue Pilot Energy, LLC in which the Court found that the Pennsylvania PUC lacks authority to order electric generation suppliers (EGSs) to provide refunds to customers for violations of PUC regulations, as the Court reversed…
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May 22, 2020
Several additional ESCOs have petitioned the New York PSC for waivers, or in the alternative declaratory orders, allowing such ESCOs to offer green gas natural gas products notwithstanding the product prohibitions contained in the PSC's December 2019 retail market reset order
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July 18, 2019
The Michigan PSC granted Residents Energy LLC a license to operate as an alternative natural gas supplier.
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July 12, 2019
The Pennsylvania PUC denied reconsideration of its July 2018 order which, among other things, imposed a $1 million fine on Blue Pilot Energy, LLC
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November 19, 2018
Supplier Will Provide $3 Million In Refunds AG Again Calls For End To Residential Electric Choice
Note: This story was first published at 12:40 pm on Nov. 19 with an alert to our email subscribers
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November 1, 2018
Completes Acquisition of Solar Solutions Company
Genie Energy Ltd., the ultimate parent of IDT Energy and various other retail energy brands, announced that it has acquired a majority stake in Prism Solar Technologies (Prism), "representing the first step in Genie's partnership with Prism's second largest shareholder, Plus EnerG."
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September 6, 2018
Genie Energy Ltd., the ultimate parent of IDT Energy and various other retail energy brands, announced that, "it has substantially completed its strategic transition to a retail energy provider model with an investment in a domestic solar energy company and sale of a stake in its Israel-based…
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June 8, 2018
Regulator Says Action Should "Send A Message" To Retail Suppliers
The Office of the New Jersey Attorney General (AG) announced in a news release that, "Third-party energy supplier IDT Energy, Inc. ('IDT Energy') has agreed to pay $1.36 million, including $1.2 million in restitution to consumers, and has agreed to significantly revise its business practices in…
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November 17, 2017
Shifted Focus Provides Increased Flexibility To Make Strategic Investments In Retail Energy Biz Suspends Exploratory Oil and Gas Drilling Program in Northern Israel
Genie Energy Ltd. announced that, as the result of an analysis of an exploratory well in its drilling business and an attendant suspension of such exploratory activity, the company, "plans to sharpen its strategic focus on its retail energy supply business."
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November 2, 2017
Genie Retail Parent Names New CEO
Genie Retail Energy (GRE), the parent of IDT Energy and other retail energy brands, continued to see accelerated customer growth during the three months ended September 30, 2017
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September 13, 2017
Says Process Should Proceed Based On Information Already Provided By Utilities
In a September 12 filing, New York Department of Public Service Staff disagreed with requests filed by several ESCOs, who had objected to Staff's interpretation that the process for returning Assistance Program Participant customers to utility supply should commence on September 25, and further said…
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July 21, 2017
On July 17, 2017, a subsidiary of Genie Energy Ltd. (the "Registrant") entered into a definitive agreement with a partner to launch a joint venture offering electricity and natural gas service to residential and small business customers in the United Kingdom, Genie Energy Ltd. reported in an 8-K
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June 12, 2017
IDT Energy, Inc., announced today that it has launched indirect energy procurement and advisory services for commercial and industrial customers.
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May 4, 2017
Genie Retail Energy (GRE), the parent of IDT Energy and other retail energy brands, reported customer growth during the quarter ending March 31, 2017 (first quarter), while earnings were down slightly due to lower margins.
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April 5, 2017
Genie Energy Ltd., the parent of several retail energy suppliers including IDT Energy, announced that its Genie Retail Energy division has secured a $20.0 million revolving loan facility with Vantage Commodities Financial Services, LLC.
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September 12, 2016
Town Square Energy expects its sale to Genie Retail Energy, Inc. to close by approximately September 30, 2016.
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August 5, 2016
Genie Retail Energy (GRE), the parent of IDT Energy and several other retail energy companies, reported higher earnings for the quarter ending June 30, 2016 on the strength of improved margins, higher commodity volumes sold, and reduced SG&A expense
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July 26, 2016
Genie Retail Energy has entered into an agreement to purchase Retail Energy Holdings, LLC, the parent of retail suppliers Town Square Energy, LLC and Town Square Energy East, LLC (f/k/a Discount Energy Group).
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