PSC’s and Governor’s Leadership Will Protect Consumers
NEW YORK, New York – AARP New York State Director Beth Finkel and Public Utility Law Project (PULP) Executive Director Richard Berkley issued the following joint statement today in response to the state Public Service Commission’s (PSC) Order prohibiting retail energy service companies (ESCOs) from serving low-income customers across New York State:
“AARP and PULP strongly support the Public Service Commission’s Order today prohibiting ESCOs from serving the low-income consumer marketplace.
“We also applaud Governor Cuomo, PSC Chairwoman Zibelman and the PSC’s staff for their persistence in standing up for ESCO consumers despite the significant challenges from ESCOs – which would rather fight than switch to providing the low prices they promised consumers in the first place.
“As the PSC reported recently, ESCOs overcharged New York’s residential customers a staggering $820 million between February of 2014 and June of 2016 – with low-income and fixed-income households overpaying by about $100 million.
“AARP and PULP concur with the PSC that an industry that has overcharged residential customers by over $27 million per month for at least the last 30 months should be barred from inflicting further harms upon low-income and fixed-income households.
“Today the PSC has taken another strong step toward changing the status quo in the ESCO marketplace, which has led to immense financial harm to New Yorkers. The PSC says this situation must end. We agree. ”
Contact: Erik Kriss, email@example.com
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