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Schneider Electric admits to scheme to overcharge government agencies Schneider Electric Buildings Americas, Inc. (Schneider Electric), a nationwide provider of electricity solutions for buildings and data centers with its principal place of business in Carrollton, Texas, will pay $11 million to resolve criminal and civil investigations relating to kickbacks and overcharges on eight federally-funded energy savings performance contracts (ESPCs), the Department of Justice announced today. Under the contracts, Schneider Electric was to install a variety of energy saving upgrades such as solar panels, LED lighting, and insulation in federal buildings. As part of the criminal resolution with the United States Attorney’s Office for the District of Vermont (USAOVT), Schneider Electric admitted that it fraudulently charged the Government nearly $1.7 million in design costs incurred on three ESPCs funded by the Department of the Navy (DON), General Services Administration (GSA), and Depar

United statesChristopher algieriMichael koenigSchneiderelectric schneidernews schneiderMichael wiestJeffrey bossert clarkMichaelp drescherJoseph dattoriaMark goodmanKelley hauserBhaskar patelAlexandra wilsonMichael connollyDavid sarrattOwencj fosterChristinae nolan