Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Duke Energy
Current Parent Company: Duke Energy
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $207,500,000
Year: 2004
Date: July 13, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: energy market manipulation
Mega-Scandal: Western Energy Crisis
Violation Description: The California Attorney announced a $207.5 million settlement with Duke Energy to resolve claims that Duke overcharged for wholesale electricity during the state's Energy Crisis of 2000-01. Washington and Oregon also participated in the settlement, receiving $3.25 million each.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: utilities and power generation
Specific Industry of Current Parent: utilities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.