The Federal Authorities has imposed a superb of over N628 million on eight Electrical energy Distribution Corporations (DisCos) for breaching billing rules associated to unmetered prospects.
The Nigerian Electrical energy Regulatory Fee (NERC), in a press release launched Thursday, disclosed that the penalties had been issued for violations that occurred between July and September 2024.
The affected DisCos embrace Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.
In keeping with the fee, the sanctioned corporations did not adjust to prescribed month-to-month power caps set for unmetered prospects, a key element of efforts to curb estimated billing.
“Pursuant to Part 34(1)(d) of the Electrical energy Act 2023 (‘EA 2023’), the fee has sanctioned eight (8) Electrical energy Distribution Corporations (‘DisCos’) – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola, for failing to totally adjust to the month-to-month power caps issued by the fee between July – September 2024 (2024/Q3),” the assertion learn.
NERC additional directed that the DisCos should present credit score changes to all affected prospects no later than Could 15, 2025, in accordance with regulatory necessities.
The regulatory physique mentioned the sanctions are supposed to bolster compliance and uphold shopper safety requirements within the Nigerian Electrical energy Provide Business (NESI).