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April 18, 2026
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FERC Demands $1.1B in ‘Large and Brazen Fraud Case’
Ruling Claims American Efficient Peddled ‘Fake Energy Efficiency Resources’
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In "one of the largest and most brazen frauds in the history" of FERC, American Efficient has been ordered to pay a civil penalty of $722 million and disgorgement of unjust profits totaling about $410 million.
Energy EfficiencyEnergy EfficiencyFederal Energy Regulatory CommissionFERC & Federal