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DWP settles lawsuit for overcharging

October 28, 2008 12:00:00 AM PDT
The Los Angeles Department of Water and Power has settled a lawsuit for overcharging public agencies.The largest share of the settlement will go to the L.A. Unified School District, which will get $25 million in cash and $28 million in energy upgrades.

The settlement ends an eight-year lawsuit, with the DWP paying $160 million in cash and credits. The county and MTA will also get a share of the settlement.

The DWP settlement is said to be the largest ever made against a utility for overcharging customers,

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