The Nigerian Electricity Regulatory Commission (NERC) has taken punitive measures against Abuja Electricity Distribution Plc (AEDC) due to its failure to adhere to the Supplementary Order linked to the April 2024 Multi-Year Tariff Order 2024 for AEDC.
AEDC has incurred a fine of ₦200,000,000 (Two Hundred Million Naira) for disregarding the prescribed customer band classifications for tariff billing.
This decision, as indicated in a statement on NERC’s X handle, comes after a thorough assessment and customer feedback, which revealed AEDC’s application of the new tariff to all customer bands, contrary to the Order intended to ensure fair billing practices.
According to the statement:
“AEDC is hence mandated to:
“Reimburse all customers in Bands B, C, D, and E respectively who were billed above the allowed customer categories/tariff bands stipulated in the Order.
“Reimburse by providing the balance of customer tokens entitled to the affected customers at the applicable rates, and all token reimbursements must be issued to the affected customers by 11 April 2024.
“Pay the sum of ₦200,000,000.00 (Two Hundred Million Naira) as a penalty for the blatant breach of the Commission’s Order.
“Submit evidence of compliance with the directives in a & c to the Commission by 12 April 2024.
“The Commission’s action underscores its dedication to safeguarding consumer rights and ensuring fairness within Nigeria’s electricity sector.
Signed
Management.
Source: Techeconomy
