Xoom Energy Rates

In May 2018, a false advertising class-action lawsuit against Xoom Energy was transferred to federal court. The complaint, which was originally filed in state court in April 2018, alleges that the company misleadingly promises consumers that if they switch to Xoom Energy, they will save on their monthly bill by getting the offered introductory teaser rate that is lower than its competitors, followed by a variable rate that is based on the company’s supply cost when, according to the plaintiffs, the variable rate is substantially higher and not based on supply costs. (Mirkin et al v. Xoom Energy, LLC et al, Case No. 18-cv-2949, E. D. NY.)

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