AEDC Incures NERC's Wrath, Fined N200m for Violation of New tariff Order
*Ordered to refund customers
The Nigerian Electricity Regulatory Commission has wielded the big hammer by commenting a N200m enforcement order against the Abuja Electricity Distribution Plc, AEDC, for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order.
In effect, AEDC is to pay the sum of money for failure to comply with the prescribed customer band classifications for the tariff billing.
The development is contained in a statement released in Abuja on Friday by NERC management.
The decision is sequel to a detailed review and customer feedback, which revealed that AEDC had applied the new tariff to all customer bands, contrary to the Order for only Band A, which was designed to ensure fair billing practices.
Among other decisions, AEDC is 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.
In addition, AEDC is to reimburse the affected customers through the provision of the balance of customer tokens that the affected customers would be entitled to receive at the applicable rates and all token reimbursements shall be issued to the affected customers by 11 April 2024.
AEDC is also mandated to pay the sum of ₦200,000,000.00 (Two Hundred Million Naira) as a fine for the flagrant breach of the Commission’s order and file evidence of compliance with the directives in a & c with the Commission by 12 April 2024.
According to the statement, NERC's action underscores its commitment to protecting consumer rights and ensuring equitable practices within Nigeria’s electricity sector.
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