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November 12, 2014
The Board of Directors of Genie Energy Ltd., the parent of IDT Energy, has initiated payment of a quarterly dividend to holders of its Class A and Class B common stock and declared a dividend of $0.06 per share for the third quarter of 2014.
November 6, 2014
The retail customer base of Genie Energy, parent of IDT Energy and new brand Residents Energy, essentially stabilized during the third quarter, as churn returned to normalized levels after the polar vortex.
August 21, 2014
Two Pennsylvania ALJs, in orders on preliminary objections to complaints filed by the Pennsylvania Attorney General and Office of Consumer Advocate against several retail suppliers, would affirm that the PUC lacks jurisdiction to regulate electric generation supplier "pricing," but does have the…
August 8, 2014
Although IDT Energy saw its net loss of customer accounts slow during the three months ended June 30, 2014, it still saw an elevated level of churn, and its customer base as of June 30, 2014 is 25% lower than its total as of June 30, 2013
July 31, 2014
The National Energy Marketers Association has released an agenda and list of speakers for its Summer Policy Leadership Roundtable to be held August 6-7 in Chicago, Illinois.
July 21, 2014
Residents Energy, LLC applied for a Pennsylvania natural gas supplier license to serve residential, commercial, and industrial customers in all service areas.
July 15, 2014
Epiq Energy Receives Licenses in New State
July 9, 2014
Energy Marketing Conferences has announced over a Dozen retail energy executives highlighting discussions at its upcoming September 8 New York retail energy conference , which will focus on bundling, value-added services, and renewable energy
June 25, 2014
IDT Energy provided to EnergyChoiceMatters.com the following response to a complaint filed at the PUC by the Pennsylvania Attorney General and Office of Consumer Advocate (click here for background) :
June 23, 2014
The Pennsylvania Attorney General and Office of Consumer Advocate have filed complaints at the PUC against five retail electric suppliers, seeking license suspension or revocation, alleging various deceptive practices and other violations of statute and PUC regulations.
May 28, 2014
IDT Energy, Inc. officially announced the availability of IDT Energy Home Services and IDT Energy Rewards.
May 23, 2014
IDT Energy has launched its previously anticipated fixed price electric products in Pennsylvania, branding the products as "SmartBudget."
May 16, 2014
Summer Energy Inc., the parent of Texas REP Summer Energy LLC, reported a net loss for the quarter ended March 31, 2014 of $1.0 million, versus the year-ago loss of $325,000.
May 9, 2014
IDT Energy saw a net decline of 36,000 meters from December 31, 2013 to March 31, 2014, it disclosed in reporting earnings this week.
May 9, 2014
"I believe that the entire utility industry, including electricity generators, energy distributors, and transport service companies failed the consumer," during this winter's polar vortex, IDT Energy CEO Geoff Rochwarger said during an earnings call this week.
May 1, 2014
MP2 Energy NE, LLC applied for an Ohio natural gas supplier license to serve all customer classes in all service areas. MP2 Energy said in its application that it currently bills over 14,000 meters every month, the vast majority of which are in Texas. MP2 Energy said that it serves a peak load of…
March 28, 2014
The "extreme" pricing which has been the impetus for several proposed market changes in Pennsylvania result from, "one or two suppliers," NRG Retail Northeast said in comments to the Pennsylvania PUC.
March 25, 2014
Texas REP Seeks to Use Trade Name Epiq Energy
March 18, 2014
"The failure of the wholesale markets to meet demand at reasonable prices," required IDT Energy to raise its rates significantly to cover these costs, as the company expects to record increased churn during the first quarter, it said in reporting full-year 2013 earnings
March 6, 2014
IDT Energy announced that it is providing customers with millions of dollars in goodwill credits and rebates, as a result of the polar vortex pricing.
February 21, 2014
IDT Energy Receives Authority to Serve New Territories
February 14, 2014
Guttman Energy Seeks Authority to Serve New Territories
February 10, 2014
Genbright LLC applied for an Ohio electric broker license to serve commercial, mercantile, and industrial customers in all service areas. As previously reported, Genbright is co-owned by power market veterans Joe Crespo and Sailesh Buddhavarapu, both formerly of Edison International.
January 16, 2014
Mint Energy, LLC applied for a New Hampshire electric supplier license. Mint Energy said that, initially, it will operate in the PSNH territory. Mint Energy said that during its first two years in its New Hampshire operations, it intends to operate in the service territories of Unitil, Liberty…
December 10, 2013
IDT Energy said that it will acquire Dallas-based Diversegy, LLC, a retail energy advisory and brokerage company that serves commercial and industrial customers, and its network marketing channel, Epiq Energy.
