Statement from Atlantic Energy on Recent Connecticut Settlement
April 20, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Atlantic Energy MA, LLC provided the following statement concerning a recent settlement in Connecticut that EnergyChoiceMatters.com first reported on April 19, under which it will leave the state's residential electric market (excluding incidental residential accounts)
"Atlantic has historically maintained a very small footprint in Connecticut, a notoriously difficult market in the customer choice industry. Despite our record of excellence and innovation in retail energy, and high customer satisfaction for our bundled product, Atlantic decided to voluntarily suspend residential activity in the Connecticut market. Upon receiving its first residential complaint after years of activity, we determined it more economically effective to exit the Connecticut residential market than to operate in it. We firmly believe that our competitive rates together with smart home products provide tremendous value to the small number of Connecticut customers. We look forward to continuing to serve our loyal customers by providing best in class energy and smart home products."