A number of deregulared utility providers may have over promised and under delivered. If you switched from a public utility to an independent energy company you may want to learn more about your options for a potential claim.
By design a deregulated market space allows for more competition and theoretically lower prices and/or more creative options. However, sometime this is not the case. Private utility companies paint a pretty picture to get you signed up. They show you some early savings and build some trust. Then many get complacent and lose track of the details only to gradually nickle-and-dime you and usually even worse. And intrepreting a utility invoice isn’t always easy. Recognizing trends or improper billing is difficult enough to spot yet alone fight to get your money back.
Allegedly claims were made about promised savings, possible rebates, and other rate changes that increased over time. Some are claiming rates are now double their former rates. As you can imagine, when this happens to enough people they team up to file a class-action lawsuit. At any given time there are numerous class-action lawsuits regarding private utility providers gouging customers who switched from public utilities.
You can learn much more at the link below and take the next steps to possibly get your money back.
We aren’t affiliated with classaction.org nor do we get a commission. Conduct your own due diligence.