Terrence P. Stronz

IDT Energy is a division of Genie Energy Ltd (NYSE: GNE). IDT Energy was founded in 2004, and has since grown to become one of the largest independent residential retail energy providers (REPs) in New York State. In 2010, IDT Energy entered new markets withing the deregulating states of New Jersey and Pennsylvania where they are quickly growing into one of the leading suppliers of natural gas and electricity. Gone are the days of a utility industry dominated by monopolies in these states. IDT Energy empowers customers to choose their energy supplier. In recent years, more than 1,000,000 residences and small businesses have used IDT EnergySM service. The key to IDT Energy’s success is their commitment to customer choice. They offer flexible rate plans without the commitment of contracts, up-front deposits, sign up fees, early termination fees or cancellation penalties. Their mission is simple – to reduce customers' annual energy costs. Throughout the year as natural gas and electricity rates rise and fall, IDT Energy scours the wholesale energy markets seeking the best rates. Those savings are passed along to their customers. They work in cooperation with the local utilities who continue to read the meters, bill for service, provide customer support and respond to service calls. To ensure satisfaction, IDT Energy’s customer care professionals who are just a phone call away and based right here in the USA. For consumers concerned about the environment, IDT Energy offers affordable solutions for clean and renewable energy. These Green solutions are derived from wind, running water, the sun and organic matter – all sources that ensure protection of the environment. By offering choice, reliability and savings, IDT Energy is empowering consumers and changing the way families and small businesses purchase energy.