• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, May 17, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

Overbilling: NERC slams Abuja, Kano, Enugu, 5 other DisCos with N628m fine

Newsdesk Africa by Newsdesk Africa
April 11, 2025
in Business
0
Overbilling: NERC slams Abuja, Kano, Enugu, 5 other DisCos with N628m fine
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Nigerian Electricity Regulatory Commission (NERC) has slammed N628.03 million fines on Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies  for non-compliance with the capping of estimated billing for unmetered customers.

The commission conveyed the sanction in a statement it made public on Thursday.

NERC stated that the action was a a result of a review of billing practices between July and September 2024, which revealed that the affected DisCos failed to adhere to monthly energy caps issued by regulatory body.

The fines represent five per cent of the gross overbilling during the period under review, it stated.

Similarly, NERC also mandated the affected DisCos to provide credit adjustments to all overbilled customers latest by May 15, 2025, coinciding with the end of the April billing cycle.

NERC emphasised its commitment to consumer protection and regulatory compliance within Nigeria’s electricity industry, emphasising its stance against arbitrary billing practices.

“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.

“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.

“The commission reaffirms its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry,” the commission stressed.

Previous Post

INEC yet to conclude Warri Federal Constituency delineation

Next Post

FG warns 30 states, FCT of heavy rains, flooding

Next Post
FG warns 30 states, FCT of heavy rains, flooding

FG warns 30 states, FCT of heavy rains, flooding

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
73,844 candidates miss exam as JAMB releases mock UTME results 
Education

2025 UTME: Lagos, South-East Region to re-write as JAMB admits error in controversial result

by Ezechukwu Malachy
May 15, 2025
0

Following the controversy rocking the results of the just concluded 2025 Unified Tertiary Matriculation Examination (UTME), the Joint Admissions and...

Read moreDetails
Court orders 54 banks to return N9.3bn stolen from customers accounts

Accepting systemic rot, CJN, Kekere-Ekun assures Nigeria’s judiciary will soon regain lost glory

May 15, 2025
DSS charges Utomi to court over parallel government allegation

DSS charges Utomi to court over parallel government allegation

May 15, 2025
Ratify Udeh-Okoye as National Secretary or face mass exit – S/E PDP threatens

Ratify Udeh-Okoye as National Secretary or face mass exit – S/E PDP threatens

May 14, 2025
Power: FG seeks collaboration with EU

Access To Energy: REA facilitates deployment of 124 mini-grids, over 25,580 solar home systems nationwide

May 14, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng