Submitted by BigFatBlindPanda t3_10mrhmk in Maine
Last year my wife as approached by a door to door salesman for "Clearview Electric Inc" with a better rate (a few cents, if any) for power per Kwh. She signed up and sure enough after the initial 1 year contract expired they auto-converted the account to a "month to month" tripling our rates and getting us for a $1200 power bill.
I've already contacted Versant and converted back to the standard rate w/ them, but after a quick google search discovered several reports to the better business beureu and countless reviews/testimony from other users that after they're "teaser" window they may or may not send you a letter just before absolutely screwing you.
Clearview is a scam, or at the very least, play an incredibly shady game of bait and switch with every intention of screwing customers. I'm sure techincally this is all legal, but is just about the worst form of corporate mustache twirling available without getting their pants sued off in court. They're not trying to provide a legitmately good service, they're trying to limbo under competitors with every intent to catch unsuspecting customers on the backend with huge rate spikes for the month or two (or more if you're unlucky) before they're able to cancel.
Also because I'm cancelling a month to month contract I'm probably going to get f*@#$! for that also, but we'll find out in a few weeks when the next bill rolls in I'm sure.
Just trying to put a warning out for folks to check who is actually "supplying" their power and ensure they're not on their way to a monster bill out of no where.
Edit: Quick note - the folks who I spoke to at versant were both super great.
mmaalex t1_j64ubpz wrote
Pretty much all the non-standard offers will be more expensive unless you jump thru their special hoops.
All the no-name providers are shell companies buying power from the same place the standard offer gets it and reselling it to you. Unless they can buy it for less than the state negotiates, you're going to end up paying more.
Most of them rely on you signing up for a teaser rate and forgetting (or being contractually locked in) when that ends.