7 Home Utility Company Scams to Beware Of (Water, Electric

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7 Home Utility Company Scams to Beware Of (Water, Electric
  1. What are utility scams?
  2. How do you avoid utility scams?
  3. Can a utility company sue you?
  4. Are there any energy scams?
  5. How do you know if you're overcharged with electricity?
  6. Can someone steal your identity with your utility bill?
  7. Do electric companies overcharge?
  8. Is Mpower Energy legit?
  9. How does inspire energy make money?

What are utility scams?

An unscheduled or unsolicited call or visit from someone claiming to represent your power or water company. Threats to cut off service unless an overdue bill or maintenance cost is paid immediately. A demand for payment by wire transfer, cryptocurrency, gift card or cash-reload card — scammers' favored methods.

How do you avoid utility scams?

  1. General Tips to Avoid. Impostor Utility Scams.
  2. PROTECT PERSONAL. INFORMATION.
  3. TAKE YOUR TIME.
  4. ALWAYS ASK QUESTIONS.
  5. REPORT THE SCAM. TO YOUR UTILITY.
  6. PAY YOUR UTILITY ONLY.
  7. STAY UPDATED ON SCAMS.

Can a utility company sue you?

You have an unsecured credit agreement with the utility company when they connect your gas, power, water or phone. ... Unsecured creditors can sue you if you don't pay your bills.

Are there any energy scams?

Energy Scammers have many ways of operating, so be vigilant. Salespeople who are requesting bank details or personal information. ... A door to door salesperson trying to sell you energy efficiency 'gadgets'. These are unlikely to reduce your energy bills and could even pose a fire or electrocution risk.

How do you know if you're overcharged with electricity?

4 Signs You May Be Overcharged On Your Commercial Utility Bill

  1. The Bill Changes When Your Usage Doesn't. Once you've been in business for a while, you know what it takes to keep the lights on. ...
  2. Irregular Meter Readings. ...
  3. You've Upgraded, But the Price Isn't Reflected. ...
  4. Discrepancies Between Your Bill and the Utility Provider.

Can someone steal your identity with your utility bill?

Phone or utilities fraud – They may open a new phone or wireless account in your name, or run up charges on your existing account. They may use your name to get utility services like electricity, heating, or cable TV. Bank/finance fraud – They may create counterfeit checks using your name or account number.

Do electric companies overcharge?

A recent internal study conducted by Consumer Energy Solutions, Inc. (CES) revealed that a staggering 70% of commercial customers are being overcharged by utility companies. While many of the overcharges are accidental, they do happen and they add up.

Is Mpower Energy legit?

It is not legally 100% a scam, butt, i like to suggest to you ( and all other US customers ) , to NOT GO INTO BUSINESS with these skunks. ... They claim to sell you 100% renewable energy to your home, but that ( the most important issue for most potential customers, is a flagrant lie !

How does inspire energy make money?

The customer pays the same subscription price, every single month. ... When Inspire's customers use less energy than their consumption forecast, it decreases the amount of energy Inspire has to buy on their behalf, which saves Inspire money and allows the company to give customers some of that value back.


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