Nigerian electricity regulator fines Eko DisCo, 7 others N628 million for overbilling customers

• The Nigerian Electricity Regulatory Commission fined 8 energy organisation companies a full of N628.03 million
• Electricity organisation companies successful Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola are those affected
• Report shows the affected DisCos had not adhered to NERC's monthly vigor caps, which led to the suspension

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Eight Electricity Distribution Companies (DisCos) person been fined a full of N628.03 cardinal by the Nigerian Electricity Regulatory Commission (NERC) for failing to comply with the headdress connected anticipated billing for unmetered customers.

Regulator fines Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies for overbilling customers. Photo Credit: Terry Vine
Source: UGC

Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies are the impacted DisCos.

Leadership reported that Section 34(1)(d) of the Electricity Act 2023 (EA 2023) is the ground for the sentence.

In a connection released connected Thursday, NERC stated that the authorisation came aft an introspection of billing procedures from July to September 2024 showed that the impacted DisCos had not complied with NERC's monthly energy caps.

The intent of the caps was to lucifer the depletion levels of metered customers connected the aforesaid feeder with the predicted bills for unmetered users.

The regulator claims that the punishment magnitude to 5% of the full overbilling for the reviewed period.

By May 15, 2025, which is the extremity of the April billing cycle, NERC required the impacted DisCos to springiness recognition adjustments to each overbilled consumers in summation to fiscal penalties.

In Nigeria's vigor sector, NERC reaffirmed its absorption to arbitrary billing practices and emphasized its dedication to lawsuit extortion and regulatory compliance.

“The nationalist whitethorn callback that successful 2020, the Commission issued the Order connected Capping of Estimated Bills (Order No: NERC/197/2020) and subsequently issued monthly vigor caps which aimed to align the estimated bills for unmetered customers with the measured depletion of metered customers connected the aforesaid proviso feeder.“A reappraisal of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly vigor caps issued by the Commission.“The non-compliant DisCos person been sanctioned to wage fines amounting to six 100 and twenty-eight million, thirty-one thousand, 5 100 and eighty-three naira and ninety-four kobo (N628,031,583.94), which is equivalent to 5% of the naira worth of the gross overbilling for the play nether review.

Non-compliant DisCos person been sanctioned to wage fines. Photo Credit: Contributor
Source: Getty Images

“The Commission has besides mandated the DisCos to contented commensurate recognition adjustments to each customers affected by the overbilling by 15th May 2025 – the extremity of the April 2025 billing cycle.“The Commission reaffirms its committedness to regulatory compliance and user extortion wrong the Nigerian Electricity Supply Industry,” the committee stated.

FG gives orders to trim energy supply

Legit.ng reported that the Nigerian Electricity Regulatory Commission (NERC) is acceptable to enhance powerfulness proviso to home consumers pursuing its orders directing the System Operator (SO) to headdress supplies to planetary customers by 6 per cent of home supplies.

The affected countries see Togo, Benin Republic and the Niger Republic.

The improvement comes amid a precocious level of indebtedness and non-remittance of energy bills supplied to the countries implicit the years.

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Source: Legit.ng