Archive for » June, 2012 «

Thursday, June 28th, 2012 | Author:

Chimney balloons can help save on IDT Energy utility bills, since they stop heat exiting and prevent draughts from entering through the chimney.  The objects look a little strange, but if they are going to save money and insulate a property better, it may be worthwhile.

Since a chimney is basically a big hole from the top to the bottom of the house, it needs to be covered to alleviate insulation issues.  And often dampers corrode or don’t close tight enough around the edges which prevents them from insulating properly.  And this is exactly where the beauty of the chimney balloon which is like a plug (but for the chimney).  One can install it themselves and once it’s there it’s pretty unobtrusive.  Ultimately, it will make a great saving for one’s utility bill.

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Thursday, June 14th, 2012 | Author:

CEO of IDT Energy, Inc., Geoff Rochwarger, is a finalist in the Ernst & Young Entrepreneur Of The Year(R) 2012 program to take place on June 27, 2012. Quoted in an article in Market Watch, commenting on this honor, Rochwarger said, “this award is a wonderful acknowledgement of the IDT Energy team’s entrepreneurial spirit. Competing against the utility monopolies was once unheard of. Now, thanks to deregulation and free retail energy markets, the IDT Energy team brings choice and savings in electric and natural gas supply to our residential and small business customers every day.” In addition, Chairman of Genie Energy Howard Jonas said, “Geoff Rochwarger identified this opportunity, persuaded IDT that it was worth pursuing, and then built the team that grew this business from the ground up. In less than a decade, IDT Energy has become one of the largest independent retail energy suppliers for homes and small businesses in the country. I am very pleased that Geoff’s creativity and entrepreneurial approach are being recognized through the prestigious Ernst and Young Entrepreneur of the Year Program.”

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