Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

NCDMB Hosts 5th Edition of Book Reading Programme, Tasks Nigerians on Culture of Learning

September 17, 2026

FG suspends take-off of King’s College concession for two weeks

September 17, 2026

‘Inaccurate’, Air Peace Tackles NCAA Over Flight Delay Report

September 17, 2026
Facebook X (Twitter) Instagram
Trending
  • NCDMB Hosts 5th Edition of Book Reading Programme, Tasks Nigerians on Culture of Learning
  • FG suspends take-off of King’s College concession for two weeks
  • ‘Inaccurate’, Air Peace Tackles NCAA Over Flight Delay Report
  • World’s water cycle becoming more unpredictable, UN warns
  • Todd Boehly steps down as Chelsea chairman after selling ownership stake
  • NLC demands emergency palliatives, wage awards as petrol Price Surges
  • NAF receives five New Helicopters to boost Air Operations against terrorists, bandits
  • FG Distributes Over 200,000 Maternal Kits, Targets 2.9m Pregnant Women, Families By 2028
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Electricity»NERC directs DisCos to pay N20bn outstanding meter refunds to customers within 12 months
Electricity

NERC directs DisCos to pay N20bn outstanding meter refunds to customers within 12 months

VardiafricaBy VardiafricaMarch 4, 2026Updated:March 4, 2026No Comments5 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Electricity Regulatory Commission (NERC) has ruled in favour of electricity consumers, ordering distribution companies (DisCos) to refund a total of ₦20.33 billion in outstanding meter costs.

The directive, outlined in Order No: NERC/2026/025, which amends a previous 2023 order, was signed on February 27, 2026, by NERC Chairman Musiliu Oseni and Commissioner for Legal, Licensing & Compliance, Dafe Akpeneye.

Under the new order, DisCos are required to reimburse affected customers fully over 12 months, starting March 1, 2026. The refunds pertain to meters purchased under the Meter Asset Provider (MAP) framework, in which customers initially pay for meters and are reimbursed through energy credits.

NERC noted that previous reimbursements had been slow, leaving an outstanding ₦20.33 billion as of December 31, 2025. The order aims to eliminate delays, improve customer notifications, and restore confidence in the sector.

The commission instructed that all reimbursements be fully automated on customer accounts:

For prepaid customers, DisCos must generate monthly tokens equivalent to the reimbursement amount, no later than the fourth day of each month. For postpaid customers, the monthly reimbursement must appear as a distinct credit line on bills.

NERC also clarified that meter reimbursement credits cannot be offset against legacy customer debt.

To ensure transparency and accountability, DisCos are required to submit monthly reports detailing the total value of reimbursements issued and establish a dedicated complaints channel for customers who have not received their MAP meter reimbursements. Complaint statuses must be included in monthly reports.

To recover the ₦20.33 billion arrears within the 12-month period, prepaid customers will receive two tokens per month, while postpaid customers will see two reimbursement line items per month on their bills.

The regulator emphasized that all reimbursements must be applied automatically and accurately, ensuring that affected customers receive the full benefit of the MAP framework.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

FG to end electricity subsidy from 2027

July 31, 2026

President Tinubu Assures Better Electricity, Launches Youth Metering Programme

July 24, 2026

FG to Issue Fresh N729bn Bond to Clear Verified GenCos Debts

July 21, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025576

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202498

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202454

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202552
Don't Miss
Oil & Gas
Oil & Gas By VardiafricaSeptember 17, 20264 Mins Read2

NCDMB Hosts 5th Edition of Book Reading Programme, Tasks Nigerians on Culture of Learning

By VardiafricaSeptember 17, 20262 Oil & Gas Updated:September 17, 202604 Mins Read

It was a celebration of literary culture and journalistic excellence at the Conference Centre of…

FG suspends take-off of King’s College concession for two weeks

September 17, 2026

‘Inaccurate’, Air Peace Tackles NCAA Over Flight Delay Report

September 17, 2026

World’s water cycle becoming more unpredictable, UN warns

September 17, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

NCDMB Hosts 5th Edition of Book Reading Programme, Tasks Nigerians on Culture of Learning

September 17, 2026

FG suspends take-off of King’s College concession for two weeks

September 17, 2026

‘Inaccurate’, Air Peace Tackles NCAA Over Flight Delay Report

September 17, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025576

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202498

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202454

Type above and press Enter to search. Press Esc to cancel.