Electricity Tariff Hike: NERC Fines Distribution Company N200m, Customers To Get Refund
The Abuja Electricity Distribution Plc, AEDC, has been fined by the Nigerian Electricity Regulatory Commission, NERC over tariff violations.
AEDC is to pay N200 million as a fine.
The company was also mandated to reimburse all customers in Bands B, C, D and E respectively that were billed above the allowed customer categories/tariff bands provided in the Order.
This was contained in a statement on Friday via NERC’s X handle.
AEDC according to NERC was penalised for failing to adhere to its tariff guidelines, creating a stir among consumers and industry stakeholders alike.
The agency said the decision follows a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the Order, which was designed to ensure fair billing practices.
Kazeem Badmus is a graduate of Mass Communication with years of experience. A professional in journalism and media writing, Kazeem prioritses accuracy and factual reportage of issues. He is also a dexterous finder of the truth with conscious delivery of unbiased and development oriented stories.
