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NV Energy to refund $63M to over 100,000 customers misclassified since 2002, due to billing errors.
NV Energy will issue over $63 million in refunds, including interest, to more than 100,000 customers misclassified as single-family residents since 2002, following a Public Utilities Commission of Nevada approval.
The refunds, funded by shareholders, will be distributed via bill credits or mailed checks by late September, with the process expected to take several billing cycles.
The error, stemming from flawed billing systems, affected nearly 10% of multifamily customers, leading to overcharges for some while others paid less, though overall revenue remained balanced.
The settlement follows regulatory pressure and includes new compliance measures and a third-party audit.
NV Energy’s CEO apologized for the impact and reaffirmed commitments to billing accuracy and transparency.
NV Energy reembolsará $63M a más de 100,000 clientes clasificados erróneamente desde 2002, debido a errores de facturación.