• About Us
  • Education
  • For The Record
  • Opinion
  • Press Releases
  • Contact Us
Sunrise Times
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment

    IGP DISU, BURNA BOY DISCUSS CREATIVE INDUSTRY’S ROLE IN RESTORING POLICE TRUST

    Joshua, Fury Heavyweight Clash Set for December in Cardiff

    Joshua, Fury Heavyweight Clash Set for December in Cardiff

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment

    IGP DISU, BURNA BOY DISCUSS CREATIVE INDUSTRY’S ROLE IN RESTORING POLICE TRUST

    Joshua, Fury Heavyweight Clash Set for December in Cardiff

    Joshua, Fury Heavyweight Clash Set for December in Cardiff

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    Afrobeats became Nigeria’s winning team at 2026 FIFA World Cup 

    God gave me a natural gift- Asake 

    God gave me a natural gift- Asake 

    Burna Boy Makes List Of Time Magazine’s 100 Most Influential People 2024

    960 Music sues to thwarts multi-million dollars Burna Boy catalogue

    Edo State Assembly summons Natasha on  viral video with Tuface

    Edo State Assembly summons Natasha on viral video with Tuface

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
Sunrise Times
No Result
View All Result

NERC Fines 11 DISCOs N10.5bn Over Overbilling Of Unmetered Customers

Sunrise Times by Sunrise Times
February 12, 2024
in Business, News
0
Senate confirms Garba NERC Chairman, two others
0
SHARES
23
VIEWS
Share on FacebookShare on Twitter

…NERC Sanctions Eleven (11) DisCos Over Non-Compliance with Capping of Estimated Bills for Unmetered Customers

The Nigerian Electricity Regulatory Commission,NERC Sanctions Eleven (11) DisCos Over Non-Compliance with Capping of Estimated Bills for Unmetered Customers

A statement signed by the management of the commission said: “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 bils for unmetered customers with the measured consumption of metered customers on the same supply feeder. A review of the Electricity Distribution Companies (“DisCos”wink billing of unmetered customers for 2023 has revealed non-compliance with the monthly energy caps issued by the Commission.

In response to this and in a bid to safeguard unmetered customers from arbitrary billing by DisCos, the Commission, pursuant to Section 34(1)(d) of the Electricity Act 2023 (“EA 2023″wink, has issued the Order on Non-Compliance with Capping of Estimated Bills (Order No: NERC/2024/004-014) which stipulates the following:

i. Credit Adjustment to Customers: DisCos are to issue credit adjustments to all overbilled unmetered customers for the period January to September 2023 by the March 2024 billing cycle.

ii. Public Notice: DisCos have been directed to publish the list of credit adjustment beneficiaries in two national dailies and on their website no later than 31* March 2024.

iii. Regulatory Sanctions: The Commission shall deduct a sum of 10,505,286,072 from the annual allowed revenues of the eleven (11) DisCos during the next tariff review, to deter future non-compliance with the energy caps approved by the Commission.

The Commission reaffirms its commitment to regulatory compliance and consumer protection within the Nigerian Electricity Supply Industry.

Tags: NERC
Previous Post

AFCON: Ivory Coast came from behind to win the Nation's Cup

Next Post

Adamawa: Fintiri Bans Transport Of Construction Materials To Cameroon

Sunrise Times

Sunrise Times

Next Post
Adamawa: Fintiri Bans Transport Of Construction Materials To Cameroon

Adamawa: Fintiri Bans Transport Of Construction Materials To Cameroon

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sunrise Times

We bring you the latest and the best news from around the globe as they happen.

Follow Us

Browse by Category

  • Business
  • Education
  • Energy/Oil & Gas
  • Entertainment
  • Feature
  • For The Record
  • Foreign
  • Gallery
  • Health
  • Interview
  • News
  • Opinion
  • Politics
  • Press Releases
  • Security
  • Sports
  • Video

Recent News

FANI-KAYODE WARNS SOUTH AFRICA: PATIENCE RUNNING OUT OVER KILLINGS OF NIGERIANS

Fani-Kayode, South Africa clash over exclusion of Nigeria from presidential livestream

November 15, 2026
FG Suspends Proposed WAEC, NECO Fee Increase, Orders Wider Consultations

FG debunks claims of 2,000 universities, 100 fake professors in Nigeria

November 15, 2026
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Energy/Oil & Gas
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution