Stream Energy Pennsylvania Class Action Settlement

A settlement has been reached in a class action lawsuit alleging Stream Energy Pennsylvania LLC and others misled consumers about its variable rate electricity plans, including the rates and the amounts charged.

If you were enrolled as a Stream Energy Pennsylvania customer and were enrolled in its variable rate electricity plan from June 1, 2011 through May 31, 2018, you may be entitled to benefits from the class action settlement.

Plaintiff Steven Basile filed the Stream Energy class action lawsuit in June 2015. He alleges Stream Energy promised customers savings on their energy bills if they switch their energy suppliers to Stream Energy.

“However, despite these promises, a Defendant Stream Energy customer may end up paying in excess of 50% more for electricity than what he or she would have paid if he or she had not converted to Defendant Stream Energy,” the Stream Energy class action lawsuit states.

“Instead of benefitting from switching to Defendant Stream Energy, a typical customer loses hundreds or even thousands of dollars per year.”

According to the Stream Energy class action lawsuit, Basile signed up with Stream Energy because he thought he would save money on energy costs. He says he was initially placed on a fixed rate contract for a one-year period, but that after the year passed, he was switched to a variable rate plan and subsequently had significantly higher energy bills.

Basile alleges Stream Energy misleads its customers and that, as a result, its customers ended up paying far more for energy than they otherwise would have paid. The Stream Energy class action lawsuit asserts claims for breach of contract, breach of the covenant of good faith and fair dealing, unjust enrichment, and violate the Pennsylvania Unfair Trade Practices and Consumer Protection Law.

Stream Energy denies the allegations but agreed to settle the variable rate electricity plan class action lawsuit to avoid the burden and expense of ongoing litigation. The Stream Energy class action settlement was preliminarily approved on May 31, 2018.

Class Members who would like to opt out of or object to the Stream Energy settlement must do so no later than Aug. 14, 2018.

Who’s Eligible

Class Members include anyone in Pennsylvania who was enrolled as a customer of Stream Energy Pennsylvania and were on its variable rate electricity plan at any time from June 1, 2011 through May 31, 2018.

Potential Award

Varies.

Time Period 1: If you were on Stream Energy’s variable rate plan at any point between June 1, 2011 and Feb. 28, 2015, you will receive a payment in the amount of 5 percent of all amounts you paid to Stream Energy for service provided under the variable rate plan during this time period.

Time Period 2: If you were on Stream Energy’s variable rate plan at any point between March 1, 2015 and May 31, 2018, you will receive payment in the amount of 2 percent of all amounts you paid to Stream Energy for service provided under the variable rate plan during this time period.

Proof of Purchase

N/A

Claim Form

CLICK HERE TO FILE A CLAIM »

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

11/30/2018

Case Name

Steven Basile v. Stream Energy Pennsylvania LLC, et al., Case No. 1:15-cv-01518-YK, in the U.S. District Court for the Middle District of Pennsylvania

Final Hearing

9/28/2018

Settlement Website

www.SettlementStreamPA.com

Claims Administrator

Basile v. Stream Energy Pennsylvania LLC
Settlement Administrator
P.O. Box 30456
Philadelphia, PA 19103
1-855-786-1014
SettlementStreamPA@AdministratorClassAction.com

Class Counsel

Jonathan Shub
KOHN SWIFT & GRAF PC

Troy M. Frederick
MARCUS & MACK PC

Defense Counsel

Robert C. Walters
GIBSON DUNN & CRUTCHER LLP