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The CEO of a Nevada electric company has been accused of billing the organization $75,000 for home improvements that she hired contractors to make on her land.

The Valley Electric Association in Pahrump, Nevada, has recently been the focus of the authorities regarding suspicions that the origin of a 9% rate hike for utilities was imposed as a result of shady financial dealings involving the former CEO.

The company, which provides service to customers in a 6,800 square mile radius, had reportedly given their clients the impression that the rates would remain the same, but then informed them of the unexpected increase after the former CEO resigned in May.

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