NEWS
NERC FINES ELEVEN DISTRIBUTION COMPANIES FOR OVER BILLING CUSTOMERS
The Nigerian Electricity Regulatory Commission, NERC has fined eleven electricity Distribution companies 9.11 billion naira for over billing customers under estimated billing.
The Abuja Electricity Distribution Company, AEDC has the highest fine of 1.7 billion naira, while the Ibadan Electricity Distribution Company has the least fine of 15 million naira.
The fines follows investigation into the Distribution companies' billing practices.
This pemunitive measure, NERC notes, is in response to the Distribution companies' non-compliance with previous directives aimed at capping estimated billing for consumers.
In view of the development, the Distribution companies NERC emphasizes are required to enhance service delivery and adhere to service-based tariffs.
The companies, NERC notes, 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.
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