NERC fines Ikeja Disco N131.4m for not supplying paid meters
The Nigerian Electricity Regulatory Commission (NERC) has handed a fine sum of N131,400,000 to Ikeja Electricity Distribution Company (IKEDC) for not metering customers who paid for meters within 45 days.
Daily Trust reports that NERC had ordered the 11 Distribution companies (Discos) on August 17, 2015 to satisfactorily explain customers’ status that paid for meters under the Credited Advance Payment on Metering Initiative (CAPMI).
CAPMI permits willing electricity customers to pay for meters which should be supplied within 45 days and later be refunded through electricity credit with interest.
“IKEDC shall pay an administrative fine of N250.00 per minute of every hour of the day for a period of one year from September 29, 2014 to September 28, 2015 for non-compliance with CAPMI Order, with a moratorium from May 14, 2013, being the date of the CAPMI Order, to September 28, 2014.
“The Disco was further ordered to “pay an administrative fine of N500.00 per minute of every hour of the day where it continues in default of compliance from October 12, 2015 until compliance,” it said.
The fine, contained in Order NERC/141 and issued September 29, 2015, was made available at the weekend through a statement from the Commission.
It noted that the Disco “failed, refused and or neglected to respond to the manifest and flagrant breaches observed by the Commission” after the warning period expired on August 24.
“It is hereby ordered that IKEDC shall with immediate effect from the date of this Order, comply with the CAPMI Order and forward evidence of full compliance to the Commission within two weeks,” the statement declared.
The Commission is yet to speak on the fate of the 10 Discos on the substance of their reports on inconsistencies in complying with CAPMI, after they had made submissions within the time frame.