PSNH Electric Rates Going Up To 10 Cents Per KWH. That Is High. Glad I Signed Up For Resident Power.
…by Anura Guruge
Prior ‘Resident Power’ Related Posts:
1/ PSNH To Increase Electric Rates Again? … — Oct. 3, 2012.
2/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
3/ A Plug For N.H. Resident Power. Yes, We Signed Up
>>— April 19, 2012.
I still continue to see folks coming to this blog after doing a Web search for: “Resident Power Scam“. I tried to address this in my prior posts. I have done a fair amount of research on ‘Resident Power’. IF it is a scam, it alludes me — and I tend to be fairly good at being skeptical and paranoid. In my case, I can’t see what the scam can be. I see the rate, each month, that I am getting charged. It is the 12-month contract price I signed up to in May. I pay directly to PSNH. Resident Power does not bill me or get any money from me. They also have no access, whatsoever, to my bank account — as does PSNH, because they direct bill me. So, I am at a loss. If it is a scam, it must be ultra sophisticated that I can’t see it. Not sure what they can be scamming in my case. It is NOT like they can deliver bad electricity or electricity with viruses or Trojan horses in them so that they can spy on the household.
So, my only concern now is what happens in June 2013. My 12 months with Resident Power expires. I assume I have to sign-up again. I am sure they will increase the rate. Maybe that is when the scam kicks in. Maybe they will quote me a price higher than PSNH. I have heard that there are other options. So, I am going to keep an eye. Investigate. IF you have any details as to this SCAM, please let me know. We should publicize it. Thanks. Happy Holidays.