Electricity Maine agrees to settle federal lawsuit for $14 million

PORTLAND (WGME) -- A lawsuit has been settled against Electricity Maine, a power supplier accused of deceiving customers.

In a statement by the parties released on Wednesday, the company denies any wrongdoing, but has agreed to pay millions of dollars.

Attorneys say the claims process started on Friday, more than three-and-a-half years after the lawsuit was filed in federal court.

I-Team: Electricity Maine customers allege deception, fraud in class-action lawsuit

Back in 2016, customers accused Electricity Maine of deceptive marketing practices, causing them to pay millions more dollars for power than they would have otherwise.

At the time, attorneys told the I-Team some were offered artificially low rates only to see their bills double or triple.

Electricity Maine denies the allegations, but under a proposed settlement, agrees to pay up to $14 million to cover claims by affected consumers.

Residents and small businesses who were customers between January 1, 2011 and November 30, 2019 can make a claim for reimbursement, which will be based on the kilowatt hours of electricity they purchased.

A judge has given preliminary approval to the settlement, but it still needs final approval.

Attorneys say anyone who was a customer of Electricity Maine will be notified by e-mail, as well as mail.

A claim can be submitted by mail, or online.