By Max Jungreis Globe Correspondent
August 1, 2019
Many Massachusetts residents who have switched energy suppliers are still paying too much for electricity, Attorney General Maura Healey said in a new report released Thursday.
The report found that consumers who had switched to competitive electricity suppliers paid $76.2 million more a year than if they had stayed with their state-regulated utilities, such as Eversource Energy and National Grid. The period covered the fiscal year that ended in June 2018.
Healey has been hammering away at so-called competitive electricity suppliers, saying they often scam residents with deceptive marketing tactics that dangle low prices but end up costing more. In March 2018, she released a similar report showing that consumers had paid $176.8 million more than they should over a two-year period.
Since the release of the first report, her office has sued a Connecticut-based energy supplier, reached settlements to refund customers with others, and filed legislation that would ban suppliers from negotiating contracts directly with consumers.
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