Feds Fine Durham-Based Energy Efficiency Company $722 Million

This story was published in partnership with The Assembly. The Federal Energy Regulatory Commission has fined Durham, N.C.-based American Efficient $722 million and ordered the company to repay more than $410 million in “unjust profits” for alleged fraud in its energy efficiency program. In an April 15 ruling, FERC claims American Efficient withheld key information […]