November 22, 2024 4:05 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Feds call businesses’ energy deals fraudulent

FERC-logoBy Erin Ailworth | Boston Globe

Federal regulators are suing a Maine consultancy that does business in Massachusetts, alleging that the firm helped a client steal millions of dollars from New England electricity customers by gaming an energy conservation program.

The suit, against Competitive Energy Services LLC, of Portland, is one of two similar cases the Federal Energy Regulatory Commission filed in US District Court in Boston this month. The agency contends that Competitive Energy and its chief executive, Richard Silkman, helped manipulate energy data to allow one of the firm’s customers, Rumford Paper Co., to get paid for cutting power consumption during times of peak demand when it wasn’t really conserving.

The second case accuses another Maine company, Lincoln Paper and Tissue LLC, of being part of the same type of scheme.

Continued: 

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

PRTA suspends operations

(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the

Read More »

Post Calendar

December 2013
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.