Home Energy NERC hits Abuja Electricity Distribution Plc with hefty N200 million fine for...

NERC hits Abuja Electricity Distribution Plc with hefty N200 million fine for New Tariff Order violation, orders refunds to customers

60
0
Abuja Electricity Distribution Company under the management of UBA Plc
Access Pensions, Future Shaping

FRI APRIL 05 2024-theGBJournal| The Nigerian Electricity Regulatory Commission (NERC) has imposed a hefty N200 million fine on the Abuja Electricity Distribution Plc (AEDC) for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for AEDC.

The fined is also for failure to comply with the prescribed customer band classifications for the tariff billing.

”This decision follows a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the Order, which was designed to ensure fair billing practices,” NERC said in a statement today.

NERC has consequently, ordered AEDC to reimburse all customers in Bands B, C, D and E respectively that were billed above the allowed customer categories/tariff bands provided in the Order.

Secondly, reimburse through the provision of the balance of customer tokens that the affected customers would be entitled to receive at the applicable rates and all token reimbursements shall be issued to the affected customers by 11 April 2024.

Thirdly, pay the sum of N200 million Naira as a fine for the flagrant breach of the Commission’s Order.

And, file evidence of compliance with the directives in a & c with the Commission by 12 April 2024.

The Commission said its action underscores its commitment to protecting consumer rights and ensuring equitable practices within Nigeria’s electricity sector.

X-@theGBJournal|Facebook-the Government and Business Journal|email:gbj@govbusinessjournal.com|govandbusinessj@gmail.com

Access Pensions, Future Shaping
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments