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NV Energy CEO Resigns Amid $17M Overbilling Scandal - Nevada Globe
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NV Energy CEO Resigns Amid $17M Overbilling Scandal - Nevada Globe
In a significant shake-up at NV Energy, CEO Doug Cannon has resigned amid revelations that the utility overcharged more than 80,000 customers by at least $17 million over several years. The overcharges, attributed to misclassifying multi-family residences as single-family homes, led to inflated bills for countless Nevadans. Despite the magnitude of the error, NV Energy issued refunds covering only six months of overcharges, totaling less than $2…
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