As many New Jerseyans, Pennsylvanians and New Yorkers have come to discover over the winter, the relatively new marketplace for third party suppliers of electricity has not been as great in practice as it may have been in theory.
Many third party suppliers, it seems, have been inexplicably driving up prices on consumers, claiming increased costs due to winter weather — in spite of the non-inflated prices from the primary supplier. A Forbes Contributor went so far as to proclaim this trend a “new scam.”
How are they getting away with this dodgy practice? The marketplace, after all, allows customers to switch suppliers, right?
Unfortunately, switching suppliers can take months to finalize, and some of these companies seem to be exploiting that fact while banking on the docility of others. Late notices for bills threaten power shut-offs and this can also serve in the interest of these price-jackers as people are afraid to take any corrective action.
So what can you do?
Dispute the charges immediately. Switch suppliers immediately. You may also wish to contact your state’s Attorney General and Public Utilities Commission (or their equivalents). In Pennsylvania, the Attorney General is already looking into this matter, and the State Legislature is also launching an investigation.
Are you a business owner or CEO? Is your business spending way too much on energy?
Let Applied Utility Auditors LLC dispute these and other utility overcharges on your behalf.
Contact Paul Steberger of Applied Utility Auditors Today.