Palmco Energy

Scam artist at its finest. One of their sales reps said he was working with PSE&G and tried to get me to sign up for their energy supply. Look them up on YouTube and Google. They scam people out of their money. It’s crazy how a place like this can stay open to operate.

Palmco you alllllmost got a pimp. Just had a rep from palmco come to my door, and asked if i had updated on our bill with bg&e. He claimed that he worked with bg&e and that by signing the paperwork our rates would go down. Also he said that we wouldn’t be transferring over to palmco, but just paying less with our current company. Even though everything on the agreement suggested the opposite (and had palmco at the top). The whole encounter just felt off, and real shady. We ended up telling him we’d read it over, and went straight online where we have read horror story after horror story. DO NOT ENTERTAIN THESE CLOWNS. #ScamCity

0 stars. They are scamming in Massachusetts as well and hit my street tonight. They came to my door and said they worked for NSTAR and asked to see my bill. Spoke with NSTAR who said that Palmco absolutely does not work for NSTAR and is a competitor.

Is there any way to give them zero stars? Palmco your people are a bunch of Crooks, liars and thieves, you should all be in jail. We were solicited by 2 young teenagers on a Saturday afternoon, trying to switch us over. We explained to them that we were not interested and that we were happy with our energy provider. They were like let us see your bill and you can see how much lower we are. Like 2 fools my wife and I complied. Unbeknown to us the one kid was writing our account number down. After their sale pitch we told them we’re still not interested. The kid who was in the background said. «if I would be possible if we can sign a paper the we REFUSE the service and this way the can get paid». My wife being a teacher and kind hearted felt bad and ok to that. We were slammed,
That’s when it all started. In 2013 our PSE&G Bill was
$ 3324.80 for the year. 2015 its $ 7976.62 overcharged by $ 4651.82 I called them up told them that I going to file a complaint about them. They call me back and offer me a $ 280 credit. I told them to stick it. So for everyone out there. New Jersey Division of Consumer Affairs. 1−973−504−6200 ALSO Board of Public Utilities. File with them to. If any doubt please feel free to see this link.
. And here anther classic cowards run away.
.

My elderly father was overcharged for almost a year. Nearly $ 1000. Apparently, he was signed up for gas at a rate of 0.53/therm, and gradually went up every bill, eventually went up to 1.79/therm, that is more than triple, when PSEG rate is 0.45. He wasn’t even aware of the rate changed until he showed me the bills. Then switching back to PSEG took nearly 3 months, why? I don’t know. When I called and asked why it’s so high, no explanation. «We treat you like family» is the slogan, not sure how that applies to how they ripped off my dad for nearly $ 1000. Would you really treat your family this way?

PALMco and two other 3^rd party energy suppliers are now being sued by NJ for unscrupulous business practices or something like that. Below is a link I found that has a phone number to call at the end of the article if you were also duped by them. Just an FYI.
phone number NJ Consumer Affairs: (973) 504‑6200
link to PDF form:

too bad I can’t give 0 stars.
my bill before Palmco: $ 0.069 per KWH with CL&P
my bill after Palmco: $ 0.11 to $ 0.29 per KWH within 3 months.
aka my bill quadrupled in 3 months.
how is this legal???

I hardly ever write reviews. You have to be either really superb or really awful to motivate me to review. PALMco is so horrific, I had to speak up. I won’t rehash, but everything everyone says here is 100% true. Words like scam artists, ripoff, liars… those words don’t quite do PALMco justice. Stay away at all costs.
Tomorrow AM I am reporting them to the BBB and the NJ Board of Public Utilities.

I am a customer of PALMco and have been robbed blind by them. In my latest bill they billed me five times the price I would have paid through PSE&G for Gas and three times the price I would have paid for Electric. Consequently, I ended up paying about $ 840 extra this month and looking back I see that they have over charged me by $ 250 for the past two months too. The first month I saved some money and then they started increasing prices. I called them and they told me that the rates are variable and this is what they are charging me. I am now exploring my options to cancel the service as well as get the money back.

Do not switch to Palmco they will double your rate.
Over a 3 month period in 2012 the price doubled.
They get you with a low intro rate then jack it up and hope you don’t notice.

WATCH OUT! SCAM ARTISTS? UNETHICAL POWER SUPPLIERS! YIKES! BEWARE!
My bill slowly crept up in a few months and when I realized, they were charging me 59% over the utility company, Met-​Ed in PA. (.0126/​KW vs .079/​KW)
Translation: Palmco bill: $ 787.05
Met-​Ed: $ 495.00
Overpaid: $ 292.05
So much for deregulation of utilities.

They are scammers!!! beware!!!

AVOID!!! This is a scam. They raised our rate to double the local rate without telling us.

DO NOT USE PALMCO. Same review as Lisa W.‘s. They overcharged me hundreds of dollars over the course of 18 months. When I finally caught on, they gave me some of it back and I switched to PSE&G. I never got around to it, but they should be investigated by the Board of Public Utilities in New Jersey.

DO NOT SWITCH YOUR GAS OR ELECTRIC PROVIDER TO PALMCO!!! After receiving a few sales calls from them and considering other utility companies, I decided to switch both my gas and electric to them from PSE&G about 6 months ago. There is no contract, and they claim to be «competitive.» OK, so I figured I’d see how it goes. You still receive your bill from PSE&G, which includes the PALMco portion; they handle the supply portion & PSE&G takes care of the delivery, but it’s all done on one bill. When you receive your bill, PSE&G lets you know what the cost would’ve been if you were being supplied by them. Well, the first month (or possibly 2), sure, my bill was a little lower with PALMco; however, that was extremely short-​lived. For the next few months, it seemed that one utility was higher with PALMco & one was lower. Then the last 2 or so months, both were higher. Well, on the last bill I received, the gas portion was over 30% higher with PALMco & the electric was roughly 10% higher. COMPETITIVE? Me thinks not! It’s not even close! Well, this percentage amount to about $ 13, so not the end of the world, but WHY WOULD I PAY YOU MORE THAN PSE&G??? I called them ranting and raving, and they sent me a check for $ 4.11. Great. Needless to say, I switched my gas back to PSE&G & my electric to another provider for whom my brother now works. They have a fixed rate that is lower than PSE&G’s has ever been, so we’ll see.
JUST SAY NO TO PALMco. Absurd.