HomeBusinessELECTRICITY: NERC Sanctions AEDC, 7 Other DisCos Over Non-Compliance with Estimated Billings...

ELECTRICITY: NERC Sanctions AEDC, 7 Other DisCos Over Non-Compliance with Estimated Billings for Unmetered Customers

‎……Fines Each Discos Over N600 Million


‎……To Award Customers with Commensurate Credit Adjustments by 15th May 2025


‎Nigerian Electricity Regulatory Commission (NERC), has sanctioned, Abuja Electricity Distribution Company (AEDC), and Seven others over what it described as Non-Compliance with Capping of Estimated Bills for Unmetered Customers.


‎The seven other DisCos are: Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Distribution Companies, for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q


‎According to a statement issued in Abuja and signed by the Commission’s Communication Department, said, Pursuant to section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the Commission has sanctioned eight (8) Electricity Distribution Companies (“DisCos”), for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q3).


‎“The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020), and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.


‎“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the Commission.


‎“The non-compliant DisCos have been sanctioned to pay fines amounting to six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review”, it said.


‎The Commission has also mandated the Discos to issue commensurate credit adjustments to all customers affected by the overbilling by 15th May 2025 – the end of the April 2025 billing cycle.


‎It therefore, reaffirmed its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img

‎……Fines Each Discos Over N600 Million


‎……To Award Customers with Commensurate Credit Adjustments by 15th May 2025


‎Nigerian Electricity Regulatory Commission (NERC), has sanctioned, Abuja Electricity Distribution Company (AEDC), and Seven others over what it described as Non-Compliance with Capping of Estimated Bills for Unmetered Customers.


‎The seven other DisCos are: Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Distribution Companies, for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q


‎According to a statement issued in Abuja and signed by the Commission’s Communication Department, said, Pursuant to section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the Commission has sanctioned eight (8) Electricity Distribution Companies (“DisCos”), for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q3).


‎“The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020), and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.


‎“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the Commission.


‎“The non-compliant DisCos have been sanctioned to pay fines amounting to six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review”, it said.


‎The Commission has also mandated the Discos to issue commensurate credit adjustments to all customers affected by the overbilling by 15th May 2025 – the end of the April 2025 billing cycle.


‎It therefore, reaffirmed its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img

‎……Fines Each Discos Over N600 Million


‎……To Award Customers with Commensurate Credit Adjustments by 15th May 2025


‎Nigerian Electricity Regulatory Commission (NERC), has sanctioned, Abuja Electricity Distribution Company (AEDC), and Seven others over what it described as Non-Compliance with Capping of Estimated Bills for Unmetered Customers.


‎The seven other DisCos are: Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Distribution Companies, for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q


‎According to a statement issued in Abuja and signed by the Commission’s Communication Department, said, Pursuant to section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the Commission has sanctioned eight (8) Electricity Distribution Companies (“DisCos”), for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q3).


‎“The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020), and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.


‎“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the Commission.


‎“The non-compliant DisCos have been sanctioned to pay fines amounting to six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review”, it said.


‎The Commission has also mandated the Discos to issue commensurate credit adjustments to all customers affected by the overbilling by 15th May 2025 – the end of the April 2025 billing cycle.


‎It therefore, reaffirmed its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img

‎……Fines Each Discos Over N600 Million


‎……To Award Customers with Commensurate Credit Adjustments by 15th May 2025


‎Nigerian Electricity Regulatory Commission (NERC), has sanctioned, Abuja Electricity Distribution Company (AEDC), and Seven others over what it described as Non-Compliance with Capping of Estimated Bills for Unmetered Customers.


‎The seven other DisCos are: Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Distribution Companies, for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q


‎According to a statement issued in Abuja and signed by the Commission’s Communication Department, said, Pursuant to section 34(1)(d) of the Electricity Act 2023 (“EA 2023”), the Commission has sanctioned eight (8) Electricity Distribution Companies (“DisCos”), for failing to fully comply with the monthly energy caps issued by the Commission between July – September 2024 (2024/Q3).


‎“The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020), and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder.


‎“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the Commission.


‎“The non-compliant DisCos have been sanctioned to pay fines amounting to six hundred and twenty-eight million, thirty-one thousand, five hundred and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira value of the gross overbilling for the period under review”, it said.


‎The Commission has also mandated the Discos to issue commensurate credit adjustments to all customers affected by the overbilling by 15th May 2025 – the end of the April 2025 billing cycle.


‎It therefore, reaffirmed its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry.

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img