(Carson City, NV) — NV Energy CEO Doug Cannon is stepping down after the utility company was accused of overcharging customers. Cannon announced his decision on Tuesday, saying he is leaving for a new opportunity. Ohio-based American Electric Power has separately announced Cannon as the new president of AEP Transmission. He had been a part of NV Energy’s leadership team since late 2013. Last week, staffers at a state regulatory agency accused NV Energy of overcharging customers by millions of dollars dating back several years.