V

Verde Energy

Certain Verde Energy customers may be eligible for a $7 million settlement over claims the company did not base variable-rate plans on market conditions as promised.

ClosedSelected statesClaim status: Closed on March 31, 2022Payout: VariesNo longer claimable

About this settlement

Settlement for customers enrolled in Verde Energy variable-rate electricity plans who allege the rates were not properly based on market conditions.

This class action settlement resolves claims that Verde Energy did not base its variable-rate electricity plans on market conditions as promised to customers in six states over various date ranges. Eligible residential consumers who were charged variable rates may receive compensation.

Who qualifies

  • Residential consumers enrolled in Verde Energy variable-rate plans or charged variable rates.
  • Customers in Massachusetts (Apr 17, 2013–Oct 31, 2015).
  • Customers in New York (Jan 21, 2014–Oct 31, 2015).
  • Customers in Illinois (Jan 31, 2008–Oct 31, 2015).
  • Customers in New Jersey (Jan 21, 2012–Oct 31, 2015).

Varies

Claim status: Closed on March 31, 2022

See active Settlements

Related settlements

Estée Lauder logo

Estée Lauder

No proof required

Up to $5,000

Claims opening soon

Silk and Great Value logo

Silk and Great Value

Proof required

Up to $300,000

96 days left

Audible logo

Audible

No proof required

Compensation pending

Claims opening soon

Government of Canada logo

Government of Canada

Proof required

Up to $200,000

746 days left

Meta (Facebook) logo

Meta (Facebook)

No proof required

Up to $90

Claims opening soon

Ticketmaster logo

Ticketmaster

No proof required

Compensation pending

Claims opening soon