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    Estimated Billing: NERC imposes N10bn fine on DISCOs

    David GreatBy David GreatFebruary 9, 2024No Comments2 Mins Read
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    The Nigerian Electricity Regulatory Commission (NERC) announced on Friday an imposition of a N10,505,286,072 fine deductible from annual allowed revenues of the 11 power distribution companies during the next tariff review as part of sanctions over their non-compliance with the capping of estimated bills for unmetered customers.

    The decision of NERC was made available in a notice seen by Chronicle NG in Abuja on Friday.

    The electricity regulator stated that the Discos billing of unmetered customers in their various franchise areas for 2023 revealed non-compliance with the monthly energy caps issued by the commission.

    “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 the electricity distribution companies’ billing of unmetered customers for 2023 has revealed non-compliance with the monthly energy caps issued by the commission.” the notice reads:

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    In response to this and in a bid to safeguard unmetered customers from arbitrary billing by Discos, the commission stated that pursuant to Section 34(1)(d) of the Electricity Act 2023, it had issued the order on Non-Compliance with Capping of Estimated Bills (Order No: NERC/2024/004-01 4).

    It said the order stipulates the following: “Credit adjustment to customers: Discos are to issue credit adjustments to all over-billed unmetered customers for the period January to September 2023 by the March 2024 billing cycle.

    “Public notice: Discos have been directed to publish the list of credit adjustment beneficiaries in two national dailies and on their website not later than March 31, 2024.

    Electricity consumers nationwide have continued to lodge complaints against excessive estimated bills by power distribution companies in Nigeria.

     

     

     

     

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    Tinubu

    2027: Tinubu promises to fight Atiku, Obi to finish line

    July 28, 2026
    Osun 2026 Poll: Adeleke, APC clash over call for UK visa ban on opposition leaders

    Osun gov celebrates court victory, urges Accord mobilisation

    July 28, 2026
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    July 28, 2026
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