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Tag Archive | out of business

Resident Power: Once Bitten, Twice Shy, Or As Bush Tried To Say: “Fool Me Once, Shame On You … You Can’t Fool Me Again”.

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by
Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ April 6, 2013 update on ‘imprudence’ — Apr. 10, 2013.
2/ Latest update of the PNE drama … — Mar. 31, 2013.
3/ ‘Resident Power’ fiasco: NHPR … — Mar. 23, 2013.
4/ ‘Resident Power’ >> PSNH Cost Us Money — Mar. 20, 2013.
5/ ‘Resident Power’ Supplier ‘PNE’ Runs Out Of Money — Feb. 20, 2013.
6/ Resident Power: Possible Alternatives — Jan. 20, 2013.
7/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>Dec. 19, 2012.

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


ENHlogoI had an unsolicited e-mail from Resident Power yesterday offering me ‘unbeatable’ rates. It actually made me quite angry. ‘They’ some how don’t seem to get it that they reneged on what was a 1-year contract. I don’t care about their ‘sob story’. We had a one year contract and one fine night, without any disclosure from them, I learn on the Web that they have ditched me.

Yes, I am mad. I am an avid promoter of alternate power for NH. PSNH needs competition. I was so happy when I first heard about ‘Resident Power’. But, they screwed me and gave a black eye to the whole NH alternate power initiative. It is the latter that really irks me.

I would NOT sign up with Resident Power even if they offered me FREE electricity.

I don’t give a hoot about their ‘unbeatable’ rate, because for all I know that rate could be history even before you switch over. They should do the decent thing and gracefully go away, and not sully the alternate power landscape with their tarnished presence. Yes, I am livid. I ended up paying FULL PSNH rates for 2 whole months.

Finally I am with ENH.

ENHrate

I am hoping that ENH does not screw me.

But since the Resident Power fiasco I have lost all trust and confidence in the entire alternate power industry.

I have yet to receive the insulting $9.50 check that Resident Power intends to offer those that they reneged upon. As I have said, I am going to send it back.

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April 6, 2013 Update On ‘Resident Power’ & PNE Imprudence. NH Public Utilities Commission Lets Them Off Hook! Do NOT Cash The $9.50 Check.

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by
Anura Guruge


Prior ‘Resident Power’ Related Posts:
1/ Latest update of the PNE drama … — Mar. 31, 2013.
2/ ‘Resident Power’ fiasco: NHPR … — Mar. 23, 2013.
3/ ‘Resident Power’ >> PSNH Cost Us Money — Mar. 20, 2013.
4/ ‘Resident Power’ Supplier ‘PNE’ Runs Out Of Money — Feb. 20, 2013.
5/ Resident Power: Possible Alternatives — Jan. 20, 2013.
6/ PSNH Electric Rates Going Up To 10 Cents Per KWH …
>>Dec. 19, 2012.

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


Click to access 'Fosters.com' article in full.

Click to access ‘Fosters.com’ article in full.


Typical NH — as the above article tries to point out. The ‘fat cats‘ always get away with it — imprudent business practices be damned.

Heads up. ‘Resident Power’ is trying to send us all a check for $9.50 as compensation, BUT if you cash that check you waiveany claims against PNE relating to the customer’s placement on default service”.

So, do NOT cash that check.

Send it back to them. Ideally write a friendly greeting on it and make sure you add some appropriate ‘perfume’ that reflects your amiability towards their noble gesture. $9.50. So generous. I guess I can see a class action suit brewing — which is funny because I said as much ‘day one’. They broke their contract with us. 

Now they are back trying to rustle up more suckers. Well I would rather pay PSNH $1 more per KwH than deal with these reprobates again. They gave the whole industry a black eye through their imprudent business practices. This was so uncalled for.

As for the PUC … What can you say. Look at all the folks that got screwed by Scott Farah of Financial Resources Mortgage (FRM). Well at least he is now in jail. 

 

‘Resident Power’ Fiasco: NH Public Radio (NHPR) Has A Good Piece That Explains What Happened.

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by
Anura Guruge


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

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


Click to access excellent NHPR article on what was a sorry, pitiful debacle.

Click to access excellent NHPR article on what was a sorry, pitiful debacle.


I kind of knew some of this. The ‘What Happened to PNE‘ section, however, is very revealing and in my opinion quite telling.

It would appear that PNE was trying to fly by the seat of their pants and they had holes in their pants and no underwear.

It mentions Bart Fromuth’s dad ‘Gus‘ and says that he was involved in bringing deregulation to New England in the 90s. I don’t know him but I assume he must live in Florida and has never set foot in NH in the winter. Because if he had he would have to have known that January is colder than December and that February is the cruelest month of old. I am not happy.

Well you should read the article and make up your own mind. I wonder whether our great State will bother to look into what happened?

‘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.

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