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Electric Ratepayer Protections
Status
Passed by Senate
Bill
An Act relative to electric ratepayer protections
According to the Attorney General’s Office and the Department of Public Utilities, data analysis show that consumers lost more than $577 million to competitive electric suppliers between July 2015 and June 2023. This bill aims to create a fairer market for consumers.
Highlights
- This legislation bars electric suppliers from enrolling new individual residential customers in contracts.
- It protects residents from unfair and deceptive practices in the competitive electric supply market.
- Protects low-income residents and residents of color who are disproportionately affected by the electric supply industry and charged higher rates.
"Thank you to Senate President Spilka for her leadership as we continue to advance policies that provide relief to our residents during uncertain economic times. For too long, the third-party supplier industry has deployed deceptive marketing tactics to enroll new customers, costing them millions of dollars instead of providing the savings they were promised. The costs of this market, both to the Commonwealth and the consumers, are far too high to allow it to continue."
- Senator Brendan Crighton (D-Lynn)
- Senator Brendan Crighton (D-Lynn)