The Federal Competition and Consumer Protection Commission (FCCPC) has thrown its weight behind the recent fine imposed by the Nigerian Electricity Regulatory Commission (NERC) on the Abuja Electricity Distribution Company (AEDC) for breaching the Supplementary Order to the Multi-Year Tariff Order (MYTO) 2024 for AEDC.
In a statement signed by the Acting Executive Vice Chairman/Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, the commission expressed its support for NERC’s decision, emphasizing its commitment to protecting consumers from unfair market practices as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018.
The FCCPC highlighted the timeliness of NERC’s action, noting that it came within 48 hours of the introduction of a new tariff regime for Band A customers. Concerns have been raised by many consumers regarding the potential for arbitrary estimated billing for unmetered Band A customers, which could lead to consumer abuse and dissatisfaction.
To address these concerns and promote consumer welfare under the current service reflective tariff regime, the FCCPC urged NERC to mandate Distribution Companies (DisCos) to meter all unmetered Band A customers within 60 days. This measure aims to ensure accurate billing and protect consumers from arbitrary estimations, aligning with the commission’s advocacy for fair treatment of consumers in the electricity sector.
The statement reflects the FCCPC’s stance on the importance of enforcing regulations to safeguard consumer rights and ensure transparency and accountability in the electricity distribution system. As stakeholders continue to work towards enhancing service delivery and consumer satisfaction in the power sector, the FCCPC’s endorsement of NERC’s actions underscores the significance of regulatory oversight in promoting a fair and efficient marketplace for electricity consumers.
