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ANALYSIS | Connecticut’s Electric Marketplace Fraught with Unscrupulous Marketing Practices

by Lon Seidman | Feb 17, 2014 1:00pm
(2) Comments | Commenting has expired
Posted to: CT Tech Junkie, Energy

Retail electricity suppliers aggressively market low fixed rates to Connecticut residents, but many consumers are finding those initial savings give way to expensive variable rates that have more than doubled their bills.

John Erlingheuser of the Connecticut AARP says that seniors in particular are being targeted by telephone, direct mail, and even door-to-door pitches from marketing companies hired by retail electricity firms.

He says the marketing activity has become more aggressive now that the “standard offer” rate negotiated by the state is more competitive with what many of these retail suppliers offer. Some companies are offering gimmicks like restaurant points and cash rebates to lure customers into fixed length contracts that come with early termination penalties. And for some there may never be any real savings.


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(2) Comments

posted by: DrHunterSThompson | February 18, 2014  2:34pm

Shocking!

HST

posted by: Chien DeBerger | February 19, 2014  6:49am

I don’t know what the issue is. I have used this each year and it is pretty clear to me. I have avoided the pitfalls by asking questions and looking for the fixed rates. It is real simple, if it appears to good to be true, it is!