Tag Archive | $0.0897

‘Resident Power’ Handing Us Back To PSNH Cost Us Money. Not Happy.

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by
Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ ‘Resident Power’ Supplier ‘PNE’ Runs Out Of Money — Feb. 20, 2013.
2/ Resident Power: Possible Alternatives — Jan. 20, 2013.
3/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>Dec. 19, 2012.

4/ PSNH To Increase Electric Rates Again? … — Oct. 3, 2012.
5/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
6/ A Plug For N.H. Resident Power. Yes, We Signed Up
>>April 19, 2012.


So I finally got around to looking at my bill yesterday.

I am not amused.

Resident Power/PNE dropped us on February 18, 2013 — though we didn’t get notified about this till Feb. 20.

The 5 days in just that billing cycle that I got power from PSNH cost me a bundle.

Worse still, though I successfully switched to ENH that very same day, i.e. February 20, ENH will only become my supplier as of tomorrow.

I am not happy. I had a CONTRACT with ‘Resident Power’. They are in violation of that contract. Shame on them.

You can see how this all worked out on my bill.


Click to ENLARGE.

Click to ENLARGE.

PNEMar13

PNEMar12


Well from where I sit, as an ex-Resident Power customer, there are no ‘ifs and buts’. I got screwed by Resident Power.

If they had any honor they will pay for the additional PSNH charges I incurred — because I had a contract with them to supply power to me and they reneged on that. Shame on them.

Yes, I am now with ENH at 0.07284/kWh which is cheaper than what Resident Power was charging me. But, I think it is only a 6 month rate.

I hope ENH proves to be more reliable and credible than Resident Power.

Full Disclosure: Since this whole fiasco I had talked with, and even met, with Resident Power founder and Managing Director, Bartholomew Fromuth. Very nice guy. Very likeable. But, that doesn’t excuse the fact that his company let me down.

Yes, I am not happy.

‘Resident Power’ Supplier ‘PNE’ Runs Out Of Money! We Get Screwed. Automatically Switched To PSNH! I Am Not Happy.


Anura Guruge, laughing, picture November 16, 2011.

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by Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ Resident Power: Possible Alternatives — Jan. 20, 2013.
2/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>Dec. 19, 2012.

3/ PSNH To Increase Electric Rates Again? … — Oct. 3, 2012.
4/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
5/ A Plug For N.H. Resident Power. Yes, We Signed Up
>>April 19, 2012.


Click to read full 'Concord Monitor' article.

Click to read full ‘Concord Monitor’ article.


I am devastated. I can’t believe that their Managing Director Bart Fromuth was on here just 32 days ago singing the praises of Resident Power when he must have known that they had issues, with PNE, my supplier.

At least we now know the numbers. Resident Power or PNE  only had 8,500 customers!

Yes, I had a letter saying we are being switched. Too late.

I can’t believe I got sucked in. This is diabolical. I had said all along that: ‘if it was a scam, I wasn’t sure what the angle was‘. I am now mad. Not sure what PSNH will charge us. I know this will end up costing me money. I am sure PSNH will charge me higher rates for some of this. Plus the hassle. Last thing I needed right now.

We just signed up with ENH Power. You have to do it quick, before your next meter reading.

I hate when I get mugged. I was not expecting this. I should have been wary. If it looks too good to be true, it probably is not true.

Resident Power: Possible Alternatives. I Am Happy, But I Am Also Diligent.


Anura Guruge, laughing, picture November 16, 2011.

….
by Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>Dec. 19, 2012.

2/ PSNH To Increase Electric Rates Again? … — Oct. 3, 2012.
3/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
4/ A Plug For N.H. Resident Power. Yes, We Signed Up
>>April 19, 2012.

Click to access residentpower.com. So far, very good. No problems. But, will I keep on getting the ‘best’ rate, or will I have to shop and swap?


I went and checked my PSNH bill a few minutes ago. Though I get 'power' from 'Resident Power' (PNE), PSNH still delivers it and I pay the entire bill, as before, electronically, to PSNH. My PNE rate is still the same. I then did some arithmetic.

Last month’s bill confirming that I am paying ‘Resident Power’ 7.695 cents per KwH.


Click to access ENH Power.

Click to access ENH Power.


I am a bit leery of these folks from what I have seen on the Web.

I am a bit leery of these folks from what I have seen on the Web.


We have been with ‘Resident Power‘ since June 2012 and have no complaints. But, I still continue to see folks coming here after doing a search along the lines of ‘Resident Power scam‘. I am really, 98% convinced, that there is no scam.

Yesterday, the Bart Fromuth, the Managing Director of Resident Power left a very informative comment.

A couple of months ago I also had a long e-mail from a ‘North American Power’ broker advocating their company and their rates over Resident Power. He talked a lot about their $50/person referral program comparing it to a ‘Friends and Family’ program of a phone company. That made me slightly uneasy. A power supply company should just be focusing on keeping rates down rather than pushing an ‘expensive’ referral program. I did some incisive Googling. I did not like what I saw. The company is probably very legit, but these ‘brokers’ were cut-throat. WOW.

I had also heard about ENH. Their rates, till October 2013, are fractionally cheaper than what I am currently paying.

So, I am not sure what I will be facing come June. It appears that I can stay with Resident Power — seamlessly; but, will I be getting the best rates. I don’t want it to be like my insurance. The longer i stay with them the more expensive it gets! I will continue to keep an eye on this. IF you know about this stuff please let me know. If it is unbiased I will post it — gladly.

I also worry that PSNH will retaliate by increasing their delivery charges, though I hear that they just reduced them. I do not trust PSNH. Plus, if more people abandon PSNH what will happen to our ‘service’ when we lose power. Will we be down to just their $600K per year VPs and their dogs — and no line crews? In NH there are NO cheap- lunches let alone free lunches. So, by hook or by crook we will end up paying for this cheap power — some other ay. Yes, I head that PSNH has tried, thrice, to introduce an ‘alternate energy’ tax. So, let us stay on our toes, before PSNH steps on them, HARD.

PSNH Electric Rates Going Up To 10 Cents Per KWH. That Is High. Glad I Signed Up For Resident Power.


Anura Guruge, laughing, picture November 16, 2011.

….
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.

An e-mail I got from 'Resident Power' yesterday, marked urgent. They are right! I checked. I am relieved I am no longer with PSNH. Click to ENLARGE.

An e-mail I got from ‘Resident Power’ yesterday, marked urgent. They are right! I checked. I am relieved I am no longer with PSNH. Click to ENLARGE.


I checked. Saw this in the 'Concord Monitor', dated Dec. 16, 2012. Not sure whether ALL others are as low as they claim. Click to access the article.

I checked. Saw this in the ‘Concord Monitor’, dated Dec. 16, 2012. Not sure whether ALL others are as low as they claim. Click to access the article.


I went and checked my PSNH bill a few minutes ago. Though I get 'power' from 'Resident Power' (PNE), PSNH still delivers it and I pay the entire bill, as before, electronically, to PSNH. My PNE rate is still the same. I then did some arithmetic.

I went and checked my PSNH bill a few minutes ago. Though I get ‘power’ from ‘Resident Power’ (PNE), PSNH still delivers it and I pay the entire bill, as before, electronically, to PSNH. My PNE rate is still the same. I then did some arithmetic.


I am happy. I have been getting ‘power’ from ‘Resident Power‘ since June 2012. So roughly 1/2 year. No problems, no issues — other than the routine outages with PSNH.

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.

PSNH To Increase Electric Rates Again? We Get Electric From ‘Resident Power’.


Anura Guruge, laughing, picture November 16, 2011.

….
by Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ We Now Get Electric From N.H. Resident Power — May 24, 2012.
2/ A Plug For N.H. Resident Power. Yes, We Signed Up — April 19, 2012.

I got this via e-mail from ‘Resident Power’ this morning. Click image to access the ‘Resident Power’ Website.



I checked my PSNH bill, this time for September 2012, yet again. I am paying ‘PNE Energy’ [i.e., Resident Power] $0.076950 per KwH per my 12-month, fixed-price contract with ‘Resident Power’. Click to ENLARGE.


The ‘Concord Monitor‘ (Sept. 29, 2012) does confirm that PSNH has requested a $0.0897 (or as they state ‘8.97 cent’) rate, though they cite that as a 5% increase. The 20% quoted by ‘Resident Power’ could be based on the price I get from them.

So, right now I am getting $0.076950 per KwH from ‘Resident Power’. IF PSNH gets their new rate, I would be saving $0.01275 KwH till May 2013 — which is when ‘Resident Power’ will quote me a new 12-month rate.

This month I used 859 KwHs. So that 0.01275 KwH would have come to $10.95. Nearly $11. So that is what I am saving with ‘Resident Power’ IF PSNH gets the new rate.

Every day I see folks coming to this blog after doing a search on ‘Resident Power Scam’ (or equivalent). I fully empathize. I too did such a search earlier this year BEFORE I signed up with them. If ‘Resident Power’ is a SCAM, the mechanics of it allude me — and I am not exactly a dummy. I see my bill (above), I know what I pay and that is that … SO FAR. I am paying $0.076950 per KwH to ‘Resident Power’ via PSNH. If there is a scam going on, I am not sure what it is. ‘Resident Power’ has no means of getting any money from me directly. They have to bill me through PSNH. I check my bill (honest).

So, that is where we are. We have been getting electric from ‘Resident Power’ since May 2012; so 5 months. So far, so good. Don’t think I have been scammed. If I was, I will let you know. Do not fret. Thank you.

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