Violation Tracker Individual Record

Company: 
Duke Energy
Current Parent Company: 
Duke Energy
Penalty: 
$207,500,000
Year: 
2004
Date: 
July 13, 2004
Primary Offense: 
energy market manipulation
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
Private Lawsuit Resolution Type: 
settlement
HQ Country of Parent: 
USA
HQ State of Parent: 
North Carolina
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
utilities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.