Attorney General Kwame Raoul announced an $8.4 million settlement with Clearview Electric Inc. (Clearview Energy) that resolves allegations the alternative retail electric supplier (ARES) engaged in fraudulent, unfair and deceptive business practices to mislead Illinois consumers into paying millions of dollars more for electricity than consumers who stayed with their default public utility.
“Companies like Clearview Energy must be held accountable for deceiving Illinois residents into overpaying for the energy they need,” Raoul said. “My office is committed to protecting consumers from deceptive practices like misrepresentations and false promises of lower prices on essential utilities.”