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Company: Palmco Power NJ, LLC and Palmco Energy NJ, LLC
Penalty: $5,280,000
Year: 2016
Date: June 23, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The state alleged that Palmco engaged in aggressive and deceptive marketing practices, and failed to provide promised energy rates that were competitive, lower than the utility companies, or consistent with the pricing mechanisms in Palmco's contracts.
Level of Government: state
Action Type: agency action
Agency: New Jersey Attorney General
Civil or Criminal Case: civil
Facility State: New Jersey
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