LegalNewsLine Logo  
Tuesday, March 16 2010     Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
NEWSLETTER
Receive our FREE weekly newsletter
click here
LNL MOST POPULAR ARTICLES
+ W.Va. SC won't rehear controversial $50M case
+ Federal jury finds fraud on part of asbestos lawyers
+ Poll: Brown, Whitman neck-and-neck
+ Obama nominates McConnell to federal bench
+ AG Tom Miller lands in GOP crosshairs
LNL HOT TOPICS
+ Asbestos
+ Bankruptcy
+ Big Pharma
+ Class Action
+ Dickie Scruggs
+ Financial Crisis
+ Gasoline Prices
+ Global Warming
+ Hurricane Katrina
+ Lead Paint
+ Personal Injury
+ Sub-Prime Mortgages
State AGs 
 
Blumenthal: Ratepayers have been 'swindled' by power companies
Richard Blumenthal (D)
HARTFORD, Conn. (Legal Newsline)-Connecticut Attorney General Richard Blumenthal says he is investigating possible antitrust violations by a group of power producers and the region's grid operator.

The Democratic attorney general said Monday he is probing the power generators and ISO New England following an admission to Federal Energy Regulatory Commission that power generators collected nearly $85.8 million since 2006 for electricity they never delivered to ratepayers.

Blumenthal alleges that ISO New England, which serves six states, allowed unnamed power producers to "scam" consumers for years.

Power producers, the attorney general said, are exploiting a federal rule that pays them for supplying electricity when needed. He said the companies failed to deliver power when asked to do so 108 times between 2006 and 2009.

The attorney general is asking the Federal Energy Regulatory Commission to compel the power companies to pay back ratepayers for the electricity they never received.

"These generators swindled rate payers out of nearly $86 million, and I will fight for a full refund," Blumenthal said in a statement. "I am today asking FERC to compel these unscrupulous power providers to return every penny to ratepayers."

Among other power producers, NRG Energy Inc., Entergy Corp. and Public Service Enterprise Group Inc. operate within Holyoke, Mass.-based ISO-NE.

The not-for-profit ISO serves Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont

From Legal Newsline: Reach staff reporter Chris Rizo at chrisrizo@legalnewsline.com.

Filed Under: State AGs


COMMENTS ON THIS ARTICLE:

No comments have been posted in the last 15 days!

SEND US YOUR COMMENTS ON THIS ARTICLE:


* - Required fields

Subject: *
Message: *
Contact Name: *
Contact URL:
Contact Email: *
This Is CAPTCHA Image
Write the characters in the image above: 

E-mail this article to a friend | Printer friendly format

MORE NEWS HEADLINES:
+ Nevada AG hails ruling on brothel advertising - 3/16  
+ Drug company to pay Florida $6.5 million for price manipulation&#... - 3/16  
+ Brown gets polluting hair products taken off store shelves - 3/16  
+ Hawaii AG pursues cigarette tax scofflaws - 3/16  
+ AG Tom Miller lands in GOP crosshairs - 3/15  
+ Bill would have let W.Va. AG probe fuel price-gouging - 3/15  
+ Blumenthal wants rate increase rejected - 3/15  
+ Final resolution reached over Mass. landfill - 3/15  
+ Conn. loan company owner to pay restitution - 3/15  
+ Washington AG gets finder-fee cap in foreclosure cases - 3/12  


IN THE SPOTLIGHT:
Wednesday, March 10, 2010
Most of the judges on the New Mexico Court of Appeals get a failing grade when it comes to the "expansion of liability," according to a judicial evaluation report.
Read more...


+ 'Land of Enchantment' in 'Hellhole': Tort reform group calls New Mexico's appeals court 'pro-liability' - 3/2
+ Group puts the brakes on Honda class action settlement - 2/23
+ AG Brown, feds sitting out whisteblower suit against pipemaker - 2/18
+ Calif. AG hopeful vows to target public employee pension increases - 2/12
+ Nebraska AG Bruning's political star rising - 2/5
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
LATEST LNL BLOG ENTRIES:
+ Abbott: Beware Dietary Supplement Scams and 'Miracle' Health Claims
+ Abbott's signs of a scam
+ AG McCollum on convicts in the mortgage industry
NEWS WIDGET:
Attention bloggers:
Add Record Headlines to your site!


fast + free- click here

NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.