Illinois residents were allegedly deceived out of $15 million by alternative electric supplier Residents Energy, leading to a lawsuit by Illinois Attorney General's office. The company allegedly promised low initial rates without disclosing that they were temporary. Some customers' energy costs reportedly tripled. The company also stands accused of violating the Telephone Solicitations Act and using misleading scripts, with salespeople providing false information during calls. Residents Energy, facing 12 charges, each carrying a potential $50,000 penalty, is also active in nine other states besides Illinois.
Protect Yourself from Solar Xchange Telemarketers: A Guide for Robocall Victims Seeking Justice
Have you ever received endless robocalls selling solar panels, with promises of huge savings and eco-friendly living? You're not alone. A New Jersey-based telemarketing company, Solar Xchange LLC, also known as Energy Exchange, recently faced fines for making 'tens of millions' of robocalls to individuals who had signed up for the Federal Do Not Call... Continue Reading →
TELEMARKETERS FOR ELECTRIC SUPPLIERS
By: Kevin E. McCarthy, Principal Analyst“You asked (1) whether telemarketers for competitive electric suppliers are subject to state and federal laws governing solicitations of people on “do-not-call” lists and (2) what remedies are available to people who are on such lists who contacted by suppliers. SUMMARY Telemarketers for competitive electric suppliers are subject to state… Continue Reading →