x

NERC Fines AEDC ₦200 Million for Violation of the New Tariff Order

By Samuel Itsede

The Nigerian Electricity Regulatory Commission (“Commission”) has taken enforcement action against 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 “Order”).

This is contained in a release made available to journalist to in Abuja by the NERC

According to the press release the AEDC has been fined ₦200,000,000 (Two Hundred Million Naira) for failure to comply with the prescribed customer band classifications for the tariff billing.

NERC noted that the decision followed 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.

AEDC is therefore mandated to:

a. 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.

b. 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.

c. Pay the sum of ₦200,000,000.00 (Two Hundred Million Naira) as a fine for the flagrant breach of the Commission’s Order.

d. File evidence of compliance with the directives in a & c with the Commission by 12 April 2024.

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

Hot this week

ADC Crisis: Party Faction Petitions US Embassy Over Leadership Dispute

By Francis WilfredA faction of the African Democratic...

EFCC Chairman Calls for Stronger Whistleblower Protection Law in Nigeria

By Francis WilfredThe Chairman of the Economic and...

Dispute Emerges Over Reported Suspension of Senator Abaribe by Abia APGA

Questions have emerged within the All Progressives Grand Alliance...

Plateau North Aspirant Gyang Zi Engages Stakeholders in Riyom, Visits Bereaved Family

A senatorial aspirant for Plateau North, Gyang Zi (SAN),...

Renewed Hope Ambassadors Unveil Programme for South-South Summit in Asaba

The Renewed Hope Ambassadors have announced the programme for...

APC Chairman Yilwatda Condoles Kanam Emirate Over Deadly Attack on Security Team

The National Chairman of the All Progressives Congress (APC),...

Senator Nora Daduut Announces Passing of Sister Emelia Adakole

Former Plateau South Senator and Nigeria’s Ambassador to South...

Plateau Police Arrest 21 Suspected Cult Members, Detain Two Over Alleged Inciting Video

The Plateau State Police Command has arrested 21 suspected...

Plateau Youth Activist Pius Hoomen Sends Eid-el-Fitr Greetings, Urges Unity

Plateau-based youth activist and philanthropist Pius Hoomen has extended...

ActionAid Condemns Alleged Assault on Women at Ozoro Festival, Calls for Investigation

ActionAid Nigeria has condemned reports of alleged harassment and...

Eid-el-Fitr: Oborevwori Urges Peace, Unity Among Nigerians

Delta State Governor Sheriff Oborevwori has extended Eid-el-Fitr greetings...

Eid-el-Fitr: PAAU Vice-Chancellor Felicitates Governor Ododo, Muslim Faithful

The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba,...

Related Articles

Popular Categories

spot_imgspot_img