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American Efficient

Feds Fine Durham-Based Energy Efficiency Company $722 Million

American Efficient says it was helping incentivize energy savings at major companies. One member of the Federal Energy Regulatory Commission said that the company’s “entire business is a scam.”

By Lisa Sorg

The headquarters of American Efficient in Durham, N.C. Credit: Matt Ramey/The Assembly
Regional grid operators are responsible for the reliability of the transmission networks. Many operators hold auctions to pay power producers and energy efficiency aggregators, like American Efficient, to balance the supply and demand of electricity. Credit: George Rose/Getty Images

Is FERC’s Future at Stake in its Titanic Clash with American Efficient?

By Lisa Sorg

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