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Company: Duke Energy
Current Parent Company:
Duke Energy
Parent at the Time of the Penalty Announcement:
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Penalty: $855,000,000
Year: 2021
Date: January 25, 2021
Offense Group: environment-related offenses
Primary Offense: environmental violation
Mega-Scandal:
Power Plant Emissions
Violation Description: Duke Energy agreed to settle a case deciding liability for payment of coal ash cleanup, writing off $485 million in coal ash costs for retail customers, $270 million in future additional coal ash costs for retail customers, and agreed to pay a $100 million penalty ordered in 2017.
Level of Government: state
Action Type: agency action
Agency: North Carolina Attorney General
Civil or Criminal Case: civil
Facility State: North Carolina
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:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.