Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

FRSC probes bribery allegation, recalls patrol operatives

Customs grounds 60 private jets of bank executives, oil moguls, others amid crackdown on unpaid duties

Lagos govt to impose ₦250,000 fine, jail environmental offenders from July 1

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Uncategorized»NERC fines Abuja Disco ₦1.69bn for overbilling customers
Uncategorized

NERC fines Abuja Disco ₦1.69bn for overbilling customers

DailyblastBy DailyblastSeptember 13, 2024003 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

The Nigerian Electricity Regulatory Commission has imposed a fine of ₦1.69bn on Abuja Electricity Distribution Company (AEDC) for overbilling customers.

A

Related posts:

  1. Downgrade Band A customers if you can’t supply 20-hour power, NERC tells Discos
  2. (Video) NLC, TUC picket NERC offices in Lagos, Abuja over electricity tariff hike
  3. Court fines Daddy Freeze N5m for adultery
  4. UK fines Oyakhilome’s channel N65.6m over COVID-19 sermon

According to NERC, the fine is based on AEDC’s non-compliance with the commission’s previous order on capping estimated billing for electricity consumers.

The penalty was contained in documented ‘Order NERC/2024/114’ issued the commission.

The fine is part of the commission’s September 2024 Supplementary Order,  dated August 30 and signed by Vice Chairman, Musiliu Oseni, and Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, obtained by Channels Television on NERC’s website on Thursday.

After investigating AEDC’s billing practices, NERC identified that the company had overcharged customers from January to September 2023, leading to the imposition of the fine which is equivalent to 10 per cent of the overbilled amount.

A

The document outlined the reasons behind the fine and adjustments to AEDC’s revenue requirements and tariffs.

NERC said it had “approved the deduction of N1.69bn from the total annual OpEx of AEDC effective September 2024, being 10 per cent of the overbilled amount by AEDC for the period covering January-September 2023.”

NERC’s order emphasised, “The commission has approved the deduction of N1.69bn from AEDC’s annual operating expenditure as a penalty for non-compliance with the order on capping estimated bills.”

In addition to the fine, NERC also issued directives aimed at improving service delivery and monitoring compliance with service-based tariffs.

A

AEDC is required to ensure the continuous monitoring of its service levels, particularly regarding electricity supply to Band A feeders.

The Supplementary Order, which will remain in effect until a new tariff review is issued, underscores NERC’s commitment to ensuring that electricity distribution companies adhere to regulatory guidelines while protecting consumers from unfair billing practices.

“Where AEDC fails to deliver on the committed level of service on a Band A feeder for consecutive two days, AEDC shall on the next day by 10am publish on its website an explanation of the reasons for the failure,” the order specified.

The Supplementary Order also mandated AEDC to procure a minimum of 61MW of embedded generation, with at least 30MW sourced from renewable energy, to improve the reliability of electricity supply within its franchise area.

A

The procurement of this capacity must be completed by April 2025.

NERC emphasised that this measure was necessary to meet AEDC’s service delivery commitments under its Service-Based Tariff framework.

Regarding the adjustments to AEDC’s tariffs, NERC noted that the commission had approved new tariffs effective from September 1, 2024.

NERC also made provisions for compensating customers for service failures, particularly for those on Band A feeders.

“AEDC shall make appropriate compensation to the affected customers in Band A feeders listed in Appendix 3 for failure to deliver up to 20 hours of average supply but more than 18 hours of average supply,” the order stated.

Post Views: 369
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticlePolice arrest 20-year-old suspect for killing Kogi University female student for rituals
Next Article PDP suspends Dino Melaye over anti-party activities
Dailyblast

Related Posts

Stop Wike’s monthly media chats, IPOB lawyer urges Tinubu

June 3, 2025

90-year-old man, wife hacked to death at home in Enugu

June 2, 2025

WAEC under fire as exam chaos sparks outrage

May 30, 2025
Add A Comment

Comments are closed.

Recent Posts
  • FRSC probes bribery allegation, recalls patrol operatives June 5, 2025
  • Customs grounds 60 private jets of bank executives, oil moguls, others amid crackdown on unpaid duties June 5, 2025
  • Lagos govt to impose ₦250,000 fine, jail environmental offenders from July 1 June 5, 2025
  • Delta State University suspends academic activities after deadly clashes in Abraka June 5, 2025
  • EFCC arraigns two Chinese for alleged Illegal mining in Lagos June 5, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,254 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,099 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025618 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,254 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,099 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025618 Views
Our Picks

FRSC probes bribery allegation, recalls patrol operatives

Customs grounds 60 private jets of bank executives, oil moguls, others amid crackdown on unpaid duties

Lagos govt to impose ₦250,000 fine, jail environmental offenders from July 1

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.