Business
NERC fines eight Discos N628 million for overbilling customers
Nigerian Electricity Regulatory Commission has fined eight distribution companies over N628 million for not complying with monthly energy caps for unmetered customers between July and September 2024. NERC in a statement on Thursday said the sanctioned DisCos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola. The statement read, “The Nigerian Electricity Regulatory Commission has sanctioned eight Discos for failing to comply with monthly energy caps for unmetered customers between July and September 2024.
“The affected Discos include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola. These DisCos have been fined over N628 million and are required to issue credit adjustments to the affected customers by May 15, 2025.’’ The agency said the disciplinary action against the affected Discos, underscores its unwavering commitment to regulatory compliance and consumer protection within the Nigerian electricity supply industry.
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