Is IDT Energy legitimate?

IDT Energy is one of the largest independent suppliers of electricity and natural gas serving the New York, New Jersey, Pennsylvania, Maryland , Illinois, Ohio and Washington DC markets. We are a Retail Energy Provider or “REP”.

What is a good rate for energy?

(cents per kWh for the latest month available)

State Average Electric Rate: January 2021 Average Electric Rate: January 2020
California 21.43 19.93
Colorado 12.14 11.74
Connecticut 21.29 22.1
District Of Columbia 12.26 12.38

How much does PSEG charge per kWh?

Fixed Rate Bill Comparison – July 2021

NJ Electricity SmartBudget Price Comparison
Utility Utility Price to Compare (PTC) Utility 1,000 kWh
JCPL $0.0846 $84.60
PSEG $0.1278 $127.80
Rockland Electric $0.1208 $120.80

How much does a kWh cost in NJ?

New Jersey Energy Market Data The average New Jersey commercial electricity rate was 13.57 ¢/kWh (17% higher than the national average). The average New Jersey residential electricity rate was 16.99 ¢/kWh (22% higher than the national average).

How much does 1 kWh of energy cost?

The average electricity rate is 12.55 cents per kilowatt hour (kWh). The average price a residential customer in the United States pays for electricity is 13.31 cents per kWh.

Why is my PSEG Li bill so high?

According to PSEG LI, 40% of the reason for bill increases is due to weather, and at seems as though each passing summer is getting hotter and hotter. For the third year in a row, we’ve seen extremely warm and humid weather, requiring AC units to crank overtime to keep homes cool and comfortable.

Why is your electricity bill so high?

One of the main reasons your electric bill may be high is that you leave your appliances or electronics plugged in whether you’re using them or not. The problem is, these devices are sitting idle, sucking electricity out of your home while waiting for a command from you, or waiting for a scheduled task to run.

How much does IDT Energy cost per kWh?

Fixed Rate Bill Comparison – June 2021 Utility Utility Price to Compare (PTC) IDT Energy Rate Supply IDT Energy 1,000 kWh ACE $0.1029 $0.1181 Brown $118.10 JCPL $0.0992 $0.1064 Brown $106.40 PSEG $0.1296 $0.1467 Brown $146.70

Is the IDT Energy supply rate fixed or variable?

As an IDT Energy® Fixed Rate customer, your supply rate will be guaranteed to remain at a locked rate for a specified number of monthly billing cycles. After that, your supply rate will be a Variable Rate. Past performance is not an indicator of future pricing and/or savings. IDT Energy (IDTE) “SmartFLEX” is a variable rate product.

How does the IDT Energy smartbudget work?

No one can predict with certainty whether utility rates will rise or fall throughout the year. IDT Energy SmartBudget offers the security of a “fixed rate”electricity supply program. Your Per-kilowatt-hour (kWh) supply rate is guaranteed to remain locked for 12 months.

What’s the variable rate on IDT Energy SmartFlex?

Your Per-kilowatt-hour (kWh) supply rate is guaranteed to remain locked for 12 months. IDT Energy SmartFlex offer a flexible variable rate program. Take advantage of Cash-Back rebates on the electricity and natural gas you consume.