Retail Energy Market Fraud Coalition
Retail Energy Market (REM) Fraud Coalition is part of an industry-wide initiative to combat fraud that victimizes consumers and harms retail energy entities within the industry.
REM Fraud Coalition
The REM Fraud Coalition consists of the following companies: Earth Etch, eIQdigital, the Nexxa Group, Regulatory Compliance Services (RCS), and TPV Solutions.
Why is the Coalition's Work Important?
Fraud committed by individuals, companies or organized crime has a devastating impact on consumers, government agencies and the overall health of the retail energy market. The Task Force invites participation from retail suppliers, brokers, vendors, regulatory departments, and agencies and consumer groups. By working together, we can achieve more effective and efficient outcomes. Drawing on our pooled resources, we can identify and stop fraud on a broader scale than any entity acting alone.
Fraud Webinar Series
★ Navigating Retail Fraud in POR Markets Webinar
October 3rd, 2024 @ 1:30pm cst
Join us for an insightful webinar that delves into the experiences and strategies surrounding retail fraud in POR Markets. This session will explore the challenges faced by suppliers in safeguarding customer information and financial transactions against fraudulent activities. Industry experts will share real-world case studies, discuss the effectiveness of various protective measures, and highlight best practices for enhancing security protocols. Don't miss this opportunity to learn and engage with professionals committed to fostering a safe and trustworthy retail energy environment. Register Free for This Webinar
★ Retail Energy Fraud in Texas Webinar
Retail energy fraud has become a significant concern in Texas. The State has witnessed numerous instances of fraudulent activities that harm consumers and disrupt the market for honest suppliers and brokers. - Watch the Webinar
★ Combatting Fraud in Retail Energy
This comprehensive webinar provides facets of fraud within the retail energy sector, exploring the ramifications on everyone, from consumers to suppliers and regulatory bodies. Given the far-reaching impact of these fraudulent activities, understanding their dynamics, the scope of their impact, and how to prevent them is more crucial than ever. Watch the Webinar
How You Can Participate
Serious Parties Only
To join the REM Fraud Coalition your commitment level and intentions must be held to high standards. This coalition is NOT about promoting your company, product or services. If you are interested in being a part of the REM Fraud Coalition it must be because you, and your entity, want to help educate about and help solve the issue of fraud within the retail energy industry - our coalition is not about self promotion. The founding coalition members reserve the right to relieve other members who do not demonstrate the commitment and intention levels required to join.
Interested in joining the coalition?
Email Madelon Kuchera at mkuchera@earthetch.com to get the conversations tarted.
Commitment Levels
★ Task Team
(Highest Commitment Level)
Select group with specific expertise and interest to tackle an issue/question on behalf of the REM Fraud Coalition.
Examples: Research, data gathering, solution development and case study creation.
★ Subject Matter Expert
(Medium Commitment Level)
Provide expert knowledge, opinions and success stories.
Examples: Speaking, talking to regulators, sharing success stories and responding to team members info requests and surveys.
★ Team Advocate
(Lowest Commitment Level)
Getting the word out there about the REM Fraud Coalition and its efforts.
Examples: Social media posting, coalitions recruiting, suggesting webinar topics and volunteering to respond to Team member info requests and surveys.
Founding Coalition Members
Earth Etch
At Earth Etch, we provide a suite of innovative solutions designed to help retail energy companies meet their regulatory and operational obligations effortlessly.
Nexxa Group
Nexxa provides innovative marketing solutions to help businesses target their best customers, prospects, and markets - all while honoring consumer data privacy and choice.
TPV Solutions
The fastest growing Text Plus Voice platform leveraging forward thinking cloud-based technology and robust functionality to reduce your operations costs and meet stringent regulatory policies.
eIQdigital
eIQdigital is the AI-first climate tech leader offering capabilities that power energy firms’ Digital Transformation and Sustainable Energy Transition.
Regulatory Compliance Services (RCS)
RCS provides comprehensive compliance services (training, consulting, compliance checklists) on all regulatory issues concerning your retail operations in competitive electric industry in Texas.
Joining the Coalition
Interested in joining the Retail Energy Market (REM) Fraud Coalition? Use the signup form to contact us and we'll be in touch!
Resources
-
Retail Electricity Fraud: Stop The ‘Whack-a-mole’ Madness
CAPCO -
Fraud Management in the Energy Industry (PDF)
Management Solutions -
A Triple Threat Across the Americas (PDF)
KPMG 2022 Fraud Outlook -
How to Protect Your Energy Account from Fraud and Energy Scams
DIVERSEGY -
Consumer Sentinel Network Data Book 2023
FTC -
Report Fraud To Fight Fraud
FTC
Antitrust Statement
Antitrust Admonition
The Retail Energy Market (REM) Fraud Coalition strictly prohibits retail energy participants and their employees, agents or vendors who are participating in The REM Fraud Coalition activities from using their participation in REM Fraud Coalition activities as a forum for engaging in practices or communications that violate the antitrust laws. The REM Fraud Coalition has approved guidelines for members of Coalitions Committees and Working Groups to be reviewed and followed by each REM Fraud Coalition participant attending the fraud coalition meetings. If you have not received a copy of these Guidelines, copies are available at REM Fraud Coalition. Please remember your ongoing obligation to comply with all applicable laws, including the antitrust laws.
Statement Of Position On Antitrust Issues For Members Of Retail Energy Market (REM) Fraud Coalition, Committees, And Working Groups
It is policy and expectation that all persons participating in the Retail Energy Market (REM) Fraud Coalition activities (including all REM Fraud Coalition meetings, committee meetings, conference calls, email communications and informal discussions) comply with the antitrust laws. Antitrust laws are intended to promote competition in markets, and violations of these laws can result in severe criminal penalties and civil liabilities for individuals and their companies.
Call us at (312) 761-9716
Earth Etch provides a suite of innovative solutions designed to help retail energy companies meet their regulatory and operational obligations effortlessly.
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