NERC Increases Fines For Electricity Theft To N200,000 From 50,000

NERC Increases Fines For Electricity Theft To N200,000 From 50,000

The Nigerian Electricity Regulatory Commission (NERC) is considering a request by one of the existing 11 power distribution companies to increase the penalty for electricity theft from N50,000 to N200,000, The Punch reports.

This was contained in the latest minutes of the 17th power sector stakeholders meeting.  An official of Jos Disco reportedly told the gathering that the firm’s collaboration with the Department of State Services and other security agencies had paid off as electricity theft in Plateau State had drastically reduced.

The official noted that over 200 high profile culprits, including corporate organisations and individuals had been identified and punished accordingly, adding that the electricity thieves were made to pay the sum of N50,000 as penalty before being reconnected.

The minutes stated that the official appealed that the penalty be increased to N200,000 to curb the menace of energy theft and noted that plans were underway to extend the initiative to other states within its franchise area. “NERC agreed that the N50,000 penalty was not enough and promised to look into the matter and report back in the coming week,” the document stated.

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