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Home » Abuja, Eko, Ikeja Discos Worse Hit As NERC Fines 11 Discos N9.11bn For Overbilling
Business

Abuja, Eko, Ikeja Discos Worse Hit As NERC Fines 11 Discos N9.11bn For Overbilling

Abimbola OgunaikeBy Abimbola OgunaikeSeptember 14, 2024No Comments11 Views
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The Nigerian Electricity Regulatory Commission (NERC) has fined the 11 electricity Distribution Companies (DisCos) N9.11bn for overbilling their customers under estimated billing.

The fine was contained under the September 2024 Supplementary Order of the Multi Year Tariff Order of 2024.

A review of the documents showed that Abuja Disco had the most fines with N1.69 billion, followed by Eko Disco with N1.41 billion while Ikeja Disco was fined N1.41 billion.

Others include: Jos Disco with N1.33 billion; Port Harcourt Disco, N1.16 billopn; Benin Disco, N804 million; Enugu Disco, N310 million; Ibadan Disco, N15 million; Kaduna Disco, N115 million; Yola Disco, N54 million; Kano Disco N20 million and Ibadan Disco, N15 million.

Issued on 30 August, 2024 the order, signed by NERC Vice Chairman, Musiliu Oseni, and Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye, follows a comprehensive investigation into the Discos’ billing practices.

This penalty, NERC noted, is a response to the Discos’ non-compliance with previous directives aimed at capping estimated billing for electricity consumers.

With the measures, Discos are required to enhance their service delivery and adhere to service-based tariffs.

Also, the companies must publish explanations on their website within 24 hours if they fail to provide a committed level of service on Band A feeders for two consecutive days.

This initiative, NERC noted, would bolster the reliability of electricity supply within their service areas.

Benin Disco Eko DISCO Electricity Distribution Companies Enugu Disco Ibadan Disco Jos Disco Port Harcourt Disco Kaduna Disco Kano Disco Ibadan Disco N115 Yola Disco Nigerian Electricity Regulatory Commission (NERC)
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Abimbola Ogunaike

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