PORTLAND PRESS HERALD • October 13, 2020
A $14 million settlement agreement in a class-action lawsuit alleging fraud and deceptive practices in marketing electric power to Maine customers is set for a final approval hearing in U.S. District Court on Wednesday. Electricity Maine has agreed to pay damages to customers who collectively spent millions of dollars more than they would have between 2011 and 2019 if they had stayed on the standard offer supply. Meanwhile, Electricity Maine is in negotiations to settle similar charges at the Maine Public Utilities Commission. The Maine Public Advocate’s Office is asking the PUC to fine Electricity Maine at least $1 million and suspend its operating license for a year. On the Electricity Maine website, the company calls itself “Maine’s most trusted energy supplier.”