With Smart Meters, Electricity Theft Could Go White Collar

Theft of electricity is big business. Whether it’s misguided individuals trying to save on energy costs or organized crime and corrupt utility insiders conducting massive widespread fraud, the loss of revenue from electric power theft is in the billions. According to a report by the Institute of Electricaland Electronics Engineers (IEEE), the theft of electricity in the US is estimated at $6 billion. When purchasing a commercial property, or entering your next lease, it is important to keep this in mind and keep watch on your electricity usage.

LOADING PDF: If there are any problems, click here to download the file.

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Peter S. Bauman - Senior Commercial Litigation Attorney Callahan & Blaine, (714) 241-4444 (office) / (949) 842-1720 (mobile) | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×