How would you like an extra $50 -- or possibly more -- in your wallet?
You may be in luck, if you recently received a postcard about a Duke Energy Class Action case. Good news: the postcard is not a scam.
The card is from "Williams vs Duke Energy," or officially Anthony Williams, et al. v. Duke Energy International, Inc., et al., Case No. 1:08-cv-00046.
It is the settlement of a class action lawsuit that, in simple terms, claimed Duke offered rebates to large industrial customers that it did not offer to it's residential customers, with the result being that homeowners paid more for their electric service.
It involves Ohio homeowners and renters, during the period of 2005 to 2008. Sorry, Kentucky and Indiana residents are not part of this settlement.
Duke is not admitting any wrongdoing, but will refund $80 million to affected consumers.
How You Can Benefit
If you were a Duke electric ratepayer between 2005 and 2008, you may be eligible for a rebate, that could range from $50 to $400 in many cases.
If you received the postcard, your best bet is to fill it out and mail it in. The settlement will take several months, at least, to be resolved, so don't expect an immediate payment.
If you did not receive a postcard, but suspect you may qualify (you have moved since then, etc.), then go to the settlement website, www.dukeclassaction.com.
You can learn more about it in the official news release here.
The deadline to apply is Wednesday, April 13.
As always, don't waste your money.
Don't Waste Your Money is a registered trademark of the EW Scripps Co.
Follow John on Twitter (@JohnMatarese )
Sign up for John's free Newsletter delivered weekly to your inbox
You can save an average of $275.00* on local dining, travel and attractions with WCPO Insider Rewards. Search, sort and filter through 300,000+ deals, everyday just for being an Insider.