- Report: #1127226
Report - Rebuttal - Arbitrate
Complaint Review: Constellation Energy
Constellation Energy100 Constellation Way Baltimore, Maryland USA
Constellation Energy Constellation Energy Variable Rate Scam in New Jersey Baltimore Maryland
*Consumer Comment: You KNEW they were market based when you signed up...right?
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I was a contract with Consellation Energy for electric supply in New Jersey for more than 2 years. When my contract ended in December, I did not renew immediately, expecting that Constellation would be ethical enough to charge me a variable rate that would not be materially above the market rate for electricity in NJ.
Much to my consternation and dissapointment, Constellation Energy charged me the following rates:
- January 2014: 15.9 cents per kWh, when PSE&G's rate was 10.9 cents per kWh. Constellation's fixed rate is about 11.9 cents
- February 2014: 21.4 cents per kWh (!!!) when PSE&G's rate was 11.2 cents/kWh and Constellation's fixed rate is about 11.9 cents
I noticed this scam in January and immediately ordered a switch to PSE&G. However, it takes two billing cycles for the switch to me implemented. In the meantime, Constellation Energy has carte blanche to charge whatever rate they like to gouge consumers like me. I called Constellation several times to try to have them be reasonable on variable rates and to apply a lower rate retroactively if I agreed to renew the contract, but to no avail.
In the meantime, I will end up paying over $400 in excess of what I would have paid if I were at the PSE&G rate. The discrepency between fixed and variable rate charged by Constellation Energy is a complete ripoff. They more than recoup any savings provided on the fixed rate with just one month of a variable rate charge!
Constellation Energy uses very unethical and sharp business practices. DO NOT switch to this company; you will get ripped off sooner or later!
This report was posted on Ripoff Report on 02/28/2014 07:20 AM and is a permanent record located here: http://www.ripoffreport.com/r/Constellation-Energy/Baltimore-Maryland-21202/Constellation-Energy-Constellation-Energy-Variable-Rate-Scam-in-New-Jersey-Baltimore-Mary-1127226. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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