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 fines eight DisCos N628m for overbilling unmetered customers
Electricity

NERC fines eight DisCos N628m for overbilling unmetered customers

VardiafricaBy VardiafricaApril 10, 2025Updated:April 10, 2025No Comments5 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight power distribution companies (DisCos) for noncompliance with the capping of estimated bills for unmetered customers.

According to a statement on Thursday, the affected DisCos are Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola.

NERC said the companies overbilled customers in violation of energy caps set by the regulator for the third quarter of 2024 (July to September).

The commission said the sanctions were issued pursuant to Section 34(1)(d) of the Electricity Act of 2023.

“The public may recall that in 2020, the Commission issued the Order on Capping of Estimated Bills (Order No: NERC/197/2020) and subsequently issued monthly energy caps which aimed to align the estimated bills for unmetered customers with the measured consumption of metered customers on the same supply feeder,” NERC said.

“A review of DisCos’ billing of unmetered customers for July – September 2024 (2024/Q3) revealed non-compliance with the monthly energy caps issued by the Commission.”

As a result, NERC said the companies were fined a total of N628.03 million — an amount representing 5 percent of “the naira value of the gross overbilling during the period under review”.

The regulator said the DisCos have also been directed to issue “commensurate credit adjustments” to the affected customers by than May 15, 2025 — the end of the April 2025 billing cycle.

The NERC reaffirmed its commitment to enforcing regulatory compliance and protecting electricity consumers  within the Nigerian electricity supply industry (NESI

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.