July 15, 2016
Briefly
Sharyland To Hold Meeting With Texas Retail Providers on Operational Issues Related To Introduction of System-Wide Distribution Rates For Service Areas
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July 1, 2016
PUC Tentatively Approves $6.75 Million Settlement With Retail Supplier Concerning Polar Vortex Complaint
The Pennsylvania PUC issued a tentative order proposing to adopt a settlement among IDT Energy and the Pennsylvania Attorney General, the Office of Consumer Advocate (OCA), and the Office of Small Business Advocate, under which IDT Energy would provide certain Pennsylvania customers with an…
May 9, 2016
License Briefs
Eligo Energy Receives License in New State
May 5, 2016
Genie Retail Energy Earnings Up Sharply On Lower Supply Costs, Continues Customer Growth
Genie Retail Energy, the parent of IDT Energy and several other brands, reported sharply higher first quarter earnings on lower supply costs, and reported continued customer growth
February 16, 2016
License Briefs
Future Now Energy, Receives Supplier License in New State
January 25, 2016
Parent of Retail Supplier To Resume Paying Quarterly Dividend
The Board of Directors of Genie Energy Ltd., the parent of IDT Energy and other retail energy companies, has resumed a quarterly dividend on its common stock and declared a payment of $0.06 per share for the fourth quarter of 2015.
January 8, 2016
License Briefs
Residents Energy Seeks License in New State
December 9, 2015
License Briefs
Residents Energy Receives New Retail Supplier License
November 20, 2015
Briefly
ALJs Recommend Approval of $2.4 Million Settlement With Retail Supplier
November 5, 2015
Genie Retail Energy Sees Higher Earnings, Reports Customer Growth
Genie Retail Energy, the parent of IDT Energy among other brands, saw higher earnings during the third quarter of 2015, and continued to record net customer growth
October 29, 2015
License Briefs
Residents Energy Receives Supplier License in New State
August 25, 2015
PUC: Adherence To Disclosure Statement Can't Cure Agent Misrepresentations, Fines Retail Supplier
The Pennsylvania PUC issued a final order fining IDT Energy, Inc. $2,000 after concluding, in a customer complaint case, that IDT Energy charged a customer a rate in excess of the Price to Compare when its sales agent had represented to the customer that the rate would be below the PTC.
August 11, 2015
License Briefs
Major Energy applied for Ohio electric and natural gas supplier licenses to serve all customer classes in all service areas
August 7, 2015
Parent of IDT Energy Reports Retail Customer Growth
Genie Retail Energy, the parent of IDT Energy and several other retail energy brands, reported customer growth for the three months ended June 30, 2015.
August 6, 2015
Retail Supplier Parent Suspends Dividend On Common Stock
Genie Energy, the parent of IDT Energy and several exploration and production companies, announced today in reporting earnings that it would suspend the dividend on Genie Energy common stock to preserve cash resources for growth opportunities.
August 6, 2015
Retail Supplier To Provide $2.4 Million in Refunds Under Polar Vortex Settlement With AG, Agrees To Cease Marketing Variable Rates
IDT Energy would provide certain Pennsylvania customers with an additional $2.4 million in refunds under a settlement to resolve a complaint concerning IDT's variable rates and trade practices in the wake of the polar vortex.
July 30, 2015
Retail Supplier CEOs To Address Industry Future at NYC Energy Marketing Conference
Energy Marketing Conferences announced that seven retail energy CEOs will address issues facing the industry at its September 10th Energy Marketing Conference in New York City
May 6, 2015
Genie Retail Energy Customer Count Slips on Colder Weather, Churn Steady
Genie Retail Energy, the parent of IDT Energy and several other retail energy brands, saw its customer count decline marginally during the three months ended March 31, 2015 on lower gross additions, which customer churn was steady versus the prior sequential quarter.
May 5, 2015
Retail Supplier Names New CEO
Genie Energy, parent of IDT Energy and several other retail energy brands, announced that Michael Stein has been named CEO of Genie Retail Energy, the operator of Genie Energy's retail energy provider business.
April 15, 2015
IDT Energy Offering New Home Services As Part of "Whole Home Solution"
IDT Energy, Inc. has expanded its service offerings with home warranty, appliance and personal electronics protection plans, customizable home and small business security options, and an array of options to guard against identity theft:
March 13, 2015
Energy Marketing Conference Announces Retail Supplier of the Year, Most Innovative Supplier
Energy Marketing Conferences, LLC announced the winners of the two awards presented at its recent semi-annual retail energy conference in New York City
March 12, 2015
A Year After Polar Vortex, Retail Supplier Returns to Customer Growth
Genie Energy, parent of IDT Energy and several other brands, saw a net increase in its retail energy customer count since last year's polar vortex, it disclosed in reporting fourth quarter earnings.
February 20, 2015
Draft Order Would Fine Retail Supplier $2,000
An initial decision from a Pennsylvania ALJ would fine IDT Energy, Inc. $2,000 after the initial decision concludes, in a customer complaint case, that IDT Energy charged a customer a rate in excess of the Price to Compare when its sales agent had represented to the customer that the rate would be…
December 22, 2014
License Briefs
Supplier Residents Energy Receives New License
November 14, 2014
License Briefs
New IDT Energy Brand Receives License in New State