CAMEO+ eventECONOMIC2026-04-16馃嚭馃嚫
FERC slaps energy efficiency firm with record $1.1B fine
source: Federal Energy Regulatory Commission -> target: American Efficient
On 2026-04-16, the Federal Energy Regulatory Commission ordered Durham-based American Efficient to pay a record $1.1 billion penalty, including a $722 million civil penalty and $410 million in disgorgement. FERC said the company had orchestrated a fraud scheme involving fake energy efficiency resources in federally regulated capacity markets.
0.22Significance3.0Magnitude0.3Systemic0.4Market1Articles
Location
Washington, DCDistrict of ColumbiaNorth AmericaUnited StatesNorth America38.895, -77.036
Story Links