NERC fines AEDC N200m over violation of new tariff

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NERC fines AEDC N200m over violation of new tariff
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The Nation Newspaper NERC fines AEDC N200m over violation of new tariff

) at the weekend fined the Abuja Electricity Distribution Company N200 million for not complying with the the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for AEDC .It reads: “The Nigerian Electricity Regulatory Commission has taken enforcement action against the Abuja Electricity Distribution Plc for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order 2024 for AEDC .

NERC insisted that “AEDC is therefore mandated to: a. 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.“b. Reimburse 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.

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