Attorney General Andrea Campbell wants consumers who buy electricity on the competitive supply market to know they have collectively overpaid by $525 million. In January 2023, Cambell announced her support to ban the companies like Clean Choice Energy from doing business in Massachusetts. A report from her office reveals, “…in the 2015 to 2021 timeframe, roughly 430,000 residential customers who purchased electricity from retail suppliers, other than regional or local utilities, paid an average of $231 more a year than they would have paid if they had kept their old service.”
”This report once again sounds the alarm on competitive electric supply companies that pitch consumers on the idea of cheaper electricity bills, while they charge higher rates that drain millions from our communities,” Campbell said in a statement.
Attorney General Campbell has announced her support for legislation in the 2023-2024 session for a legislative bill, SD648 / HD3214, An Act relative to electric ratepayer protections sponsored by Senator Brendan Crighton (D-Lynn) and Representative Frank Moran (D-Lawrence).
This bill bars competitive electric suppliers from enrolling new individual residential customers in contracts. The bill is part of the Attorney General’s Office’s ongoing efforts to protect Massachusetts residents from the unfair and deceptive practices in the competitive electric supply market for residential customers. Following multiple investigations of the industry by the AG’s Office and the Department of Public Utilities, data analysis shows that competitive electric suppliers cost consumers more than $526 million between 2015 and 2021. The AG’s Office has issued three reports on the impact of the market in Massachusetts, which together with additional analysis found that low-income residents and residents of color are disproportionately affected by the industry.