Viridian Energy Rates
April 2015: A class-action lawsuit was filed against Viridian Energy for allegedly deceptively enticing customers to switch their energy supplier by offering “teaser rates” (i.e., low initial rates) for electricity followed by a “variable rate” that is tied to the market rate when, in reality, the company routinely charges customers four or five times the underlying market rate after the “teaser rate” expires. (Steketee et al v. Viridian Energy, Inc., Case No. 15-cv-585, D. CT.)
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