April 23, 2012
IDT Energy Expands Residential Service to New Territory
IDT Energy has begun offering residential electric service at West Penn Power.
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March 22, 2012
License Briefs
Unified Energy Alliance Receives New License
March 20, 2012
License Briefs
IDT Energy has applied for an Illinois alternative retail electric supplier license. A copy of the application was not immediately available but it is expected that IDT Energy is seeking to serve all customer classes. IDT Energy's intent to enter five new states, including Illinois, was first…
March 13, 2012
IDT Energy to Enter Five New States; Customer Growth Slows
IDT Energy continued to experience net customer growth in the three months ended December 31, 2011, but at a much slower pace than seen earlier in the year.
February 9, 2012
IDT Energy Launches Residential Service in New Territory, Another Area Coming Soon
IDT Energy has begun offering residential electric service at Duquesne Light.
December 8, 2011
IDT Energy Continues Net Customer Growth
IDT Energy recorded another quarter of net customer growth for the quarter ending October 31, 2011 (first fiscal quarter of 2012), with a net gain of 23,000 meters, its parent disclosed in reporting earnings today.
December 6, 2011
Amerigreen Energy, Major Energy, WGES Among New Entrants to PECO Residential Gas Market
Several natural gas suppliers have begun offering residential supply at PECO in recent months, and more are expected as Purchase of Receivables takes effect January 1, 2012.
November 8, 2011
OSBA: Retail Opt-In Auction Unlawful Under Pennsylvania Law
A retail opt-in auction in Pennsylvania would be "unlawful" because it would prevent the offering of default service at the, "least cost to customers over time," as required by statute, the Office of Small Business Advocate said in comments to the PUC (I-2011-2237952).
October 7, 2011
IDT Energy Continues Customer Growth, Posts Loss on Acquisition Costs, Tax Accrual
IDT Energy continued to post net customer growth for the quarter ending July 31 (fourth fiscal quarter of 2011), with a net gain of 27,000 meters, its parent disclosed in reporting earnings yesterday.
October 6, 2011
IDT Energy Begins Offering Service at Met-Ed, Penelec
IDT Energy has begun offering residential electricity at Met-Ed and Penelec on PA Power Switch.
August 30, 2011
IDT Corp. Files Registration Statement to Spin-Off Unit Holding Retail Supplier IDT Energy
IDT Corporation, through its Genie Energy Ltd. subsidiary, has filed an initial registration statement, including an information statement, related to the previously reported anticipated spin-off of Genie Energy to IDT stockholders.
August 10, 2011
License Briefs
ConEdison Solutions Seeks to Serve Residential Customers in Illinois
June 22, 2011
Cincinnati Bell Energy Represents Integrated Marketing Partnership, Not Simply Name Licensing
Viridian Energy's electric supply offer at Duke Energy Ohio is being fully integrated into Cincinnati Bell's suite of products under the agreement which brands the offer as Cincinnati Bell Energy.
June 21, 2011
Briefly
Stream Energy Elected to NEM Executive Committee
June 14, 2011
IDT Energy Reports Second Consecutive Quarter of Customer Growth
IDT Energy reported $8.6 million in income from operations for the quarter ending April 30, 2011, versus $9.9 million a year ago, due to higher marketing expenses and well as a decrease in natural gas gross margin.
March 16, 2011
IDT Energy Reports Customer Growth, Reduced Margin
IDT Energy reversed net churn experienced in the most recent quarter and served approximately 373,000 meters as of January 31, 2011, which is the end of IDT's second fiscal quarter.
January 13, 2011
Briefly
IDT Energy Offering PECO Residential Service on PA Power Switch IDT Energy has started offering a residential electric rate on PA Power Switch for the PECO territory. IDT is offering a variable rate currently priced at 9.8139¢/kWh. As previously reported, IDT Energy began offering service through PA…
January 3, 2011
Briefly
IDT Energy Offering PPL Residential Service on PA Power Switch IDT Energy has started listing a market-wide offer for PPL Electric Utilities Rate RS residential customers on PA Power Switch. On the PA Power Switch website, IDT Energy is offering a monthly variable rate currently priced at…
December 10, 2010
IDT Energy Reports Earnings, Expects Continued Churn in N.Y.
IDT Energy posted income from operations of $8.8 million for the three months ending October 31, 2010 (first fiscal quarter of 2011), down from $10.5 million a year ago, on lower gross margins.
November 30, 2010
Briefly
Citizens Choice Energy Formally Announces N.Y. Service Citizens Choice Energy, LLC formally announced its launching of New York service yesterday. Citizens Choice Energy has been offering service in New York for several months, initially offering gas service at Consolidated Edison. A standard form…
November 8, 2010
IDT to Pursue Spin-Off of Retail Energy Supplier with Other Energy Businesses
IDT Corporation's Board of Directors has directed management to pursue a spin-off of its Genie Energy division, which includes competitive retail supplier IDT Energy.
October 15, 2010
IDT Energy Reports Higher Fourth Quarter Income, Starts Growing Book Again
IDT Energy recorded higher income from operations for the fourth quarter of 2010 (ending July 31, 2010) of $5.6 million, up from $5.0 million a year ago, on higher electric revenues.