NERC Fines AEDC N200 Million For Alleged Violation Of Electricity Tariff Guidelines

NERC Fines AEDC N200 Million For Alleged Violation Of Electricity Tariff Guidelines

The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N200 million on the Abuja Electricity Distribution Plc (AEDC) for purportedly breaching tariff regulations. The commission disclosed this penalty in a statement released on Friday through its official communication channel……READ ALSO NERC Explains Which Customers Will Experience Electricity Tariff Price Increase

According to NERC, AEDC failed to adhere to the tariff guidelines, sparking concerns among consumers and industry stakeholders. Following a comprehensive review and taking into account customer feedback, NERC found that AEDC had implemented the new tariff across all customer bands, contrary to the Order’s objective of ensuring equitable billing practices.

Consequently, NERC has instructed AEDC to reimburse customers in Bands B, C, D, and E who were billed above the permissible tariff bands stipulated in the Order.

The fine levied on AEDC underscores NERC’s commitment to enforcing regulatory compliance within the electricity sector, aiming to safeguard consumer interests and ensure transparency in tariff implementation.

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