NERC fines AEDC N1.69bn for overbilling customers

NERC fines AEDC N1.69bn for overbilling customers

The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing

NERC Orders AEDC To Compensate Customers, Imposes N1.69bn Fine For Overbilling Practices - TheNigeriaLawyer

The Nigerian Electricity Regulatory Commission has imposed a N1.69bn fine on Abuja Electricity Distribution Company for overbilling customers. The penalty, documented in Order NERC/2024/114, was issued as part of the commission’s September 2024 Supplementary Order. The regulatory document, ORDER/NERC/2024/114, which was dated August 30 and signed by Vice Chairman Musiliu Oseni and Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye publ…

Ikeja Electric fined N1.41bn For Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has fined the 11 electricity Distribution Companies (DisCos) 9.11bn for overbilling their customers under estimated billing. The fine was contained under the September 2024 Supplementary Order of the Multi Year Tariff Order of 2024. A review of the documents showed that Abuja Disco had the most fines with N1.69bn, ...

NERC Sanctions Abuja Disco N1.69bn For Overcharging Customers

The Nigerian Electricity Regulatory Commission, has imposed a fine of N1.69bn on Abuja Electricity Distribution Company, for overbilling customers. NERC explained that the sanction is based on the AEDC’s non-compliance with the commission’s previous order on capping estimated billing for electricity consumers. INFORMATION NIGERIA reports that the development was contained in a statement titled ‘Order NERC/2024/114’, issued by the commission on F…

FG Fines AEDC N1.69bn For Nine-Month Customers’ Overbilling

The Nigerian Electricity Regulatory Commission has slammed a substantial fine of N1.69bn on the Abuja Electricity Distribution Company for overbilling its customers. This penalty, detailed in Order NERC/2024/114 and published on NERC’s website on Thursday, is part of the Commission’s September 2024 Supplementary Order. Issued on August 30, the order, signed by NERC Vice Chairman Musiliu Oseni and Commissioner for Legal, Licensing, and Compliance…