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Customers Receive Refunds Under Second Phase Of AG Settlement With Retail Supplier
March 18,2019 Massachusetts Attorney General Maura Healey announced that the second phase of a restitution program, part of a previously reported settlement with Viridian Energy LLC, has commenced, with the mailing of additional refund checks The program is part of a $5 million settlement the AG’s Office reached with Viridian in March 2018 (see background and details on the settlement here) During the first phase of the restitution program, Viridian returned approximately $1.8 million to 20,000 eligible customers across the state. Under the second phase, an independent trustee mailed $921,000 in checks to approximately 11,000 qualifying customers across the state on Feb. 22. Eligible customers who did not receive a payment in the first two phases will receive a check in the remaining two phases, which are currently scheduled for mid-2019 and early 2020, respectively. Customers qualify for restitution if they signed up for Viridian’s electricity supply services before May 1, 2018, and: • Enrolled in a variable-rate contract with Viridian; • Were automatically renewed from a Viridian fixed-rate contract to a Viridian variable rate contract; • Enrolled in a contract through door-to-door sales company Platinum Advertising; and/or; • Enrolled in a fixed-rate contract with a three-year term during the period of September 1, 2014 through August 31, 2015.
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