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Alternative Retail Energy Provider Loses Spark: Sued for Allegedly Defrauding Illinois Consumers Out of $77 Million

 

  • Illinois AG Kwame Raoul sued alternative retail energy supplier Liberty Power Holdings LLC (“Liberty”) for allegedly defrauding consumers in connection with its alternative energy plans in violation of the Illinois Consumer Fraud and Deceptive Business Practices Act and the Telephone Solicitations Act.
  • The complaint alleges that Liberty’s salespeople promised significant savings and protection from future increases in electricity rates to entice customers into lengthy contracts that locked customers into much higher rates, among other things.
  • The complaint seeks preliminary and permanent injunctive relief, restitution of more than $77 million, revocation of Liberty’s Certificate of Authority to operate as an alternative energy provider in Illinois, civil penalties, and investigation and litigation costs.