NERC slams AEDC N1.69bn fine for overbilling customers

NERC slams Abuja disco with ₦1.69bn fine for overbilling customers

NERC remains firm on holding distribution companies accountable while protecting consumers from unfair practices. The Nigerian Electricity Regulatory Commission (NERC) has imposed a ₦1.69 billion fine on Abuja Electricity Distribution Company (AEDC) for overbilling customers. The penalty follows AEDC's failure to comply with NERC's order on capping estimated billing for electricity consumers, as outlined in 'Order NERC/2024/114', part of the co…

NERC slams AEDC N1.69bn fine for overbilling customers

The Nigerian Electricity Regulatory Commission, NERC has slammed a N1.69 billion fine on Abuja Electricity Distribution Company for overbilling customers. NERC disclosed this document titled, ‘2024 Supplementary Order to the Multi-Year Tariff Order 2024 for AEDC’, released on its website on Thursday. This comes after an investigation of AEDC’s billing practices by NERC revealed that it overcharged customers from January to September 2023, leadin…

NERC fines Abuja Disco N1.69bn for overbilling customers

The Nigerian Electricity Regulatory Commission has imposed a fine of N1.69bn 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,

NERC fines 11 DisCos N9.12BN for overbilling customers

The Nigerian Electricity Distribution Commission, NERC, has fined 11 electricity distribution companies ( Discos) N9.129bn, for overbilling their customers under estimated billing. The fine is contained in the September 2024 Supplementary Order of the Multi Year Tariff Order. A review of the document shows Abuja Disco had the highest fine with N1.69bn, followed by […] The post NERC fines 11 DisCos N9.12BN for overbilling customers first appeared…

NERC Fines Abuja Disco ₦1.69bn For Overbilling - InsideBusiness - Business News in Nigeria

The Nigerian Electricity Regulatory Commission (NERC) has imposed a ₦1.69 billion fine on the Abuja Electricity Distribution Company (AEDC)

NERC Slams N1.69bn Fine On AEDC For Overcharging Customers

The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) to the tune of N1.69 billion for overcharging its customers from January to September 2023. According to NERC, the penalty arises from AEDC’s failure to comply with the commission’s previous directive on capping estimated billing for electricity consumers. The fine detailed in ‘Order NERC/2024/114,’ was part of NERC’s September 2024 …