If you purchased electricity and/or natural gas from an Energy Service Company and were charged excessively high rates, you may have a claim against that company. Please Click Here, call us at (844) 431-0695, or email us email@example.com to discuss your legal options.
New York deregulated their utility markets and allowed independent, alternative energy suppliers, otherwise known as Energy Service Companies (ESCOs), to compete with your local utility. ESCOs can charge you a fixed or variable rate to supply your natural gas or electricity. As of 2019, ESCOs can no longer charge you a variable rate that does not provide you with guaranteed savings. However, many ESCOs are still overcharging customers for natural gas and electricity supply.
Unfortunately, some ESCOs trick reasonable customers into switching their electricity and/or natural gas supply services by offering teaser rates that are fixed initially lower than competitors’ rates for energy, but only for a limited period of time. Once the fixed rate expires, these ESCOs switch their customers over to a market-based variable rate, which is substantially higher than the competing local utilities’ rates, competing ESCOs’ rates, and the initial teaser rate, and is disconnected from the market.
FBFG has recovered tens of millions of dollars for ESCO consumers, and we are investigating whether your ESCO is overcharging you. Your ESCO may claim that its monthly variable rates are competitive and based on market conditions. However, this may be a deceptive misrepresentation if the rates are, in fact, substantially higher than the rates other suppliers are charging. If you or someone you know is being overcharged for their electricity or natural gas, please contact us immediately to discuss your legal options.
To contact us please fill in the webform on this page.
We will review the information and an attorney will contact you shortly.
You can also call us toll free at 844-431-0695