close
Saturday, February 10, 2024

NERC sanctions 11 DisCos for arbitrary billing

The review revealed multiple instances of discrepancies and non-compliance with monthly energy caps set by NERC.

• February 9, 2024
Nigerian Electricity Regulatory Commission (NERC)
Nigerian Electricity Regulatory Commission (NERC)

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned 11 electricity distribution companies due to failure to comply with billing regulations.

The sanctions were announced in a statement released on Friday, which detailed that the distribution companies, yet unnamed, violated a NERC order from 2020 which aimed to ensure fairness in billings for unmetered customers, according to the commission’s review of 2023 activities.

The review revealed multiple instances of discrepancies and non-compliance with monthly energy caps set by NERC, prompting the commission to take decisive measures to protect unmetered customers from “arbitrary billing.”

“A review of the Electricity Distribution Companies (“DisCos”) billing of unmetered customers for 2023 has revealed non-compliance with the monthly energy caps issued by the Commission,” the statement read.

The sanctions imposed by the commission on the erring distribution companies, per provisions of Section 34(1)(d) of the Electricity Act 2023, include a provision of credit adjustments to all unmetered customers who were overcharged between January and September 2023 by the billing cycle in March 2024.

“DisCos have been directed to publish the list of credit adjustment beneficiaries in two national dailies and on their website no later than 31 March 2024.

“Regulatory Sanctions: The Commission shall deduct a sum of 10,505,286,072 from the annual allowed revenues of the eleven (11) DisCos during the next tariff review to deter future non-compliance with the energy caps approved by the Commission,” the statement added.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Adebayo Adelabu

Rights

Minister commends foreign partners for supporting Nigeria’s power sector 

He said that the main problem of the sector was liquidity and funding. 

Nigerian Maritime Administration and Safety Agency (NIMASA)

NationWide

U.S. coast guard partners NIMASA on cost of entry removal

According to him,  NIMASA is the designated authority responsible for the implementation of the ISPS facility code in Nigeria.

Segun Adewale (Aeroland)

Hot news Home top

Aeroland blames PDP’s electoral defeats in Lagos on mismanagement of election funds, disunity

“One of the reasons why we lose elections in Lagos is that there has been no accountability for election funds by leaders since 1999.”

Olufunmilayo Odunlami-Omisanya

States

Ondo socialite Adelabu machetes wife to death, kills self  

The deceased was the owner of the popular Emirate gas and petrol station located in the heart of Akure city.

The Independent National Electoral Commission (INEC)

States

INEC presents certificates of return to winners of rerun election in Delta

Mr Umoren lauded the members-elect for ensuring orderly and peaceful conduct of the election.