NERC fines Abuja disco N1.69bn for overbilling customers
The Nigerian Electricity Regulatory Commission has imposed a fine of ₦1.69bn on Abuja Electricity Distribution Company (AEDC) for overbilling customers.
According to NERC, the fine is based on AEDC’s non-compliance with the commission’s previous order on capping estimated billing for electricity consumers.
The penalty was contained in documented ‘Order NERC/2024/114’ issued the commission.
The fine is part of the commission’s September 2024 Supplementary Order, dated August 30 and signed by Vice Chairman, Musiliu Oseni, and Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, obtained by Channels Television on NERC’s website on Thursday.
After investigating AEDC’s billing practices, NERC identified that the company had overcharged customers from January to September 2023, l