Simply complete an online Claim Form by April 13
To: All ratepayers who received retail electric generation service from Duke Energy Corp. and/or Cinergy Corp. or their subsidiaries or affiliates at any time between January 1, 2005, and December 31, 2008, in the CG&E/Duke Energy Ohio electric service territory and who did not receive rebates under the side agreements.
There are two ways to participate in the Settlement. You must be a member of the Class and, either;
1. Simply complete an online Claim Form by April 13, 2016 (click here to file an online claim), or
2. By April, 13, 2016, mail in the completed/signed Claim Form attached to the postcard notice you received in the mail. If you wish to request a postcard Claim Form be mailed to you, please click on the Contact Us tab above, or call us toll free at (844) 322-8220.
Plaintiffs allege that from 2005 to 2008 defendants unlawfully paid rebates through an affiliate to 24 large industrial or commercial customers under separate side agreements. Plaintiffs allege violation of federal racketeering and antitrust laws, as well as state racketeering and common law claims. Defendants deny these allegations, and maintain that they did not engage in any wrongdoing.
A settlement has been reached in this case with a total value of $80,875,000. Residential ratepayers will receive fixed payment amounts for each qualifying day they paid a tariffed rate during the class period, from a settlement fund not to exceed $25,000,000. The minimum payout for an eligible residential ratepayer who qualifies for the entire Class Period will be a total of approximately $40; that amount may go up to a maximum of approximately $400. Non-residential ratepayers will receive fixed, and possibly variable based upon usage, amounts for each qualifying day they paid a tariffed rate during the class period, from a settlement fund not to exceed $25,000,000. The minimum payout for an eligible non-residential ratepayer that qualifies for the entire Class Period will be a total of approximately $200; that amount may go up to a maximum of approximately $4,000.
HOW CAN I PARTICIPATE?
1. I was a Residential Ratepayer. To receive the fixed amount payment you must, by April 13, 2016, (i) complete a claim form online at www.dukeclassaction.com, or (ii) return the completed and signed paper claim form, if one has been mailed to you. If you wish to request a paper claim form be mailed to you, please visit www.dukeclassaction.com.
2. I was a Non-Residential Ratepayer. To receive the fixed amount payment, and an additional payment if the applicable usage threshold is exceeded, you must, by April 13, 2016, (i) complete a claim form online at www.dukeclassaction.com, or (ii) return the completed and signed paper claim form, if one has been mailed to you. If you wish to request a paper claim form be mailed to you, please visit www.dukeclassaction.com.
