PURA Approves Settlement with Clearview Electric for Marketing Violations
Summary
Connecticut's Public Utilities Regulatory Authority (PURA) approved a settlement requiring Clearview Electric Inc. to pay $500,000 and withdraw from the Connecticut electric supplier market for six years. This resolves claims of marketing violations.
What changed
The Connecticut Public Utilities Regulatory Authority (PURA) has approved a settlement agreement with Clearview Electric Inc. The settlement requires Clearview Electric to pay a $500,000 penalty, voluntarily withdraw from the Connecticut electric supplier market for a period of six years, and reimburse certain customers. These actions are in resolution of claims that the company violated electric supplier marketing laws.
This enforcement action signifies a strict stance against marketing violations within the energy supply sector. Clearview Electric must comply with the payment and market withdrawal terms. Other energy companies operating in Connecticut should review their marketing practices to ensure compliance with state regulations and avoid similar penalties. The withdrawal from the market will impact competition for electric supply services in the state.
What to do next
- Review marketing practices for compliance with state energy supplier regulations.
- Ensure all customer reimbursements are processed as per settlement terms.
Penalties
$500,000 penalty and voluntary withdrawal from the Connecticut electric supplier market for six years.
Source document (simplified)
Department of Energy and Environmental Protection Public Utilities Regulatory Authority
2021
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- 11/17/2021 PURA Approves Settlement Agreement with Third-Party Electric Supplier Over Alleged Marketing Violations Connecticut’s Public Utilities Regulatory Authority (PURA) today approved a settlement agreement negotiated by state officials that requires Clearview Electric Inc. (Clearview or Company) to pay $500,000, voluntarily withdraw from the Connecticut electric supplier market for six years and reimburse certain customers in resolution of claims that the Company violated electric supplier marketing laws.
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