Quoted Text

New Yorkers scammed by Dallas-based Ambit Energy
  

By Paul Post, ppost@digitalfirstmedia.com, @paulvpost on Twitter


Posted: 04/19/15, 7:51 AM EDT |
1 Comment  
  


SARATOGA SPRINGS >> Area residents say a Texas company scammed them by offering discounted electric rates that skyrocketed a year or two later without their knowledge.




Dallas-based Ambit Energy says consumers were told via mail that their fixed-rate savings plan would expire, and that they’d pay a higher variable rate, unless they contacted the company.




But residents say no letter was ever received and asked why the burden was on them not to “choose” a higher rate.




“That’s crazy,” said John Lundgren of Salem, a retired teacher. “No other company makes you contact them to let them know you want the lower rate. That’s bogus. I got burned.”

http://www.oneidadispatch.com/.....&profile=4004126

Quoted from Box A Rox

Govt Regulations???

Quoted from BuckStrider

Has nothing to do with Gov regulations, stupid.

Quoted Text

Advocates of deregulation say reducing government control of the industry
will benefit consumers – lowering prices while expanding services and giving the
public a say in who supplies the power that runs their computers, toasters, lamps,
and more. But among the 24 states that have enacted electricity deregulation plans,
results are mixed. Rising prices, skyrocketing demand, and limited supply in some
areas have raised questions about the viability of deregulation. At the same time,
Congress has been unable to agree on a measure to introduce competition to the
electricity market nationwide.

Quoted from BuckStrider

Has nothing to do with Gov regulations, stupid.

Quoted from Box A Rox

You can always tell when Bucky Boy losses it...
He throws in a "stupid"!!!  



Opensecrets.org
https://www.opensecrets.org/news/issues/electricity/