Nigerian Electrical energy Regulatory Fee (NERC) has imposed a fantastic of N9.11 billion on the 11 electrical energy Distribution Corporations (DisCos) for violating laws relating to the billing of unmetered clients on estimated billing.
The fantastic was contained within the September 2024 Supplementary Order of the Multi 12 months Tariff Order, launched yesterday.
That is because the Fee left the electrical energy tariff for Band A clients unchanged for September 2024.
The NERC September 2024 Supplementary Multi-12 months Tariff Order (MYTO), launched on Friday confirmed that Band A Tariff remained unchanged at N209/Kw/h whereas Bands B to -E additionally remained the identical price because it has been since December 2022.
Recall that the present Band A tariff was raised in July 2024 from N206.80 to N209.50, reflecting ongoing financial pressures together with inflation and operational prices confronted by electrical energy distribution firms (DisCos).
A evaluate of the paperwork confirmed that Abuja Disco was fined the very best quantity with N1.69 billion adopted by Eko Disco, N1.41 billion, Ikeja Disco was additionally fined N1.41 billion.
Others embody Jos Disco with N1.33 billion, Port Harcourt Disco was fined N1.16 billion, Benin Disco was fined N804 million; Enugu Disco, N310 million; Ibadan Disco, N150 million; Kaduna Disco, N115 million; Yola Disco, N54 million and Kano Disco N20 million.
The order issued on August 30, was signed by NERC vice chairman, Musiliu Oseni and commissioner for Authorized, Licensing, and Compliance Dafe Akpeneye, and follows a complete investigation into the DisCos’ billing practices.
The penalty, NERC famous, is a response to the Discos’ non-compliance with earlier directives geared toward capping estimated billing for electrical energy customers.
With these measures, Discos are required to boost its service supply and cling to service-based tariffs.
Additionally, the businesses should publish explanations on its web site inside 24 hours if it fails to offer a dedicated stage of service on Band A feeders for 2 consecutive days.
This initiative, NERC famous, would bolster the reliability of electrical energy provide inside their service space.
It nevertheless permitted the fee of N26.4 billion subsidy for Abuja Electrical energy Distribution Firm (AEDC), Plc clients.
NERC mentioned: “According to the coverage path of the federal authorities on electrical energy subsidy, the allowed tariffs for Bands B-E buyer classes shall stay frozen on the charges payable since December 2022 topic to additional coverage path by the federal government.
“With this coverage, the estimated subsidy profit to clients beneath Abuja Electrical energy Distribution Firm (AEDC) franchise in 2024 is roughly N26.4 billion month-to-month.”
