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Firms overcharged Californians $1.1 billion during energy crisis, judge says

Screen Shot 2016-04-16 at 09.06.47By Rob Nikolewski: April 15, 2016

An administrative law judge in Washington D.C. slammed two energy companies, saying they overcharged California consumers for long-term contracts during the state’s energy crisis of 2000-2001, with a tab exceeding $1.1 billion, including interest.

“The public was clearly, palpably, seriously harmed by the energy crisis,” said Federal Energy Regulatory Commission Judge Steven A. Glazer in a 219-page ruling released late Wednesday that charged Shell Energy North America and Iberdrola Renewables of gouging the state. read more

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