CHICAGO (AP) — An Illinois watchdog group is celebrating a decision by regulators to launch an investigation of an Orangeburg, New York-based alternative electric supplier.
The Citizens Utility Board said Wednesday it’s pleased the Illinois Commerce Commission adopted a recommendation to investigate Major Energy.
Consumers have complained about misleading marketing by Major Energy. CUB says the company’s rates are the worst it’s seen in the Illinois competitive power market.
The commission can order a supplier to correct violations of the Public Utilities Act or face fines of up to $30,000 per day. Revocation of certification to do business in the state is another possible sanction.
Since 2010, about 3 million Illinois consumers have switched to a company other than the regulated utilities — Commonwealth Edison or Ameren Illinois — to supply electricity.