CUB To Issue First-Ever Report Card On Electric Competition, Alert Consumers About Potentially Fraudulent Marketing

Sun Feb 17, 2013 11:00am EST

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130217:nPnDC61578



CHICAGO,  Feb. 17, 2013  /PRNewswire-USNewswire/ -- The Citizens Utility Board
(CUB) will issue its first-ever report card on electric competition, and alert
consumers about troubling reports of potentially fraudulent telephone and
door-to-door marketing in  Chicago  neighborhoods.

 The news conference is:                
   10:30 a.m., Monday, Feb. 18         
   CUB Headquarters                    
   309 West Washington St., Suite 800  
   Chicago                             


CUB Executive Director  David Kolata  will unveil CUB's report card, which is
based on the offers of dozens of unregulated electricity suppliers that have
entered the state to compete for residential business in recent years. It grades
 Illinois' electricity market on consumer protection, innovation, and savings,
including the watchdog group's estimate of how much competition has saved
electricity shoppers over the past year.   

Illinois  is on the verge of what could be a major shift in the electricity
market. ComEd and Ameren electricity prices are expected to fall in June of
2013. That could have a significant impact on future savings enjoyed by 
Illinois  consumers, and could create conditions ripe for misleading marketing.
CUB will highlight red flags consumers should look for in power pitches, based
on reports of telephone and door-to-door solicitations the consumer group has
received. The reports may be due to the fact that  Chicago  has negotiated a
power deal with an alternative supplier, and competing companies are racing to
get customers before the switch is finalized.     

CUB is  Illinois' leading nonprofit utility watchdog organization. Created by
the Illinois Legislature, CUB opened its doors in 1984 to represent the
interests of residential and small-business utility customers. Since then, CUB
has helped save consumers more than  $10 billion  by blocking rate hikes and
securing refunds. For more information, call CUB's Consumer Hotline at
1-800-669-5556, or visit  www.CitizensUtilityBoard.org.



SOURCE  Citizens Utility Board


Jim Chilsen, (o) +1-312-263-4282, (c) +1-312-513-1784

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.