Good News as Consumers Get Refund for Overcharges From Electricity Companies

Good News as Consumers Get Refund for Overcharges From Electricity Companies

  • The management of Jos Electricity Distribution Plc states that the company has given postpaid customers a return of N13 billion
  • The company recommended clients to analyse their April 2024 bills to identify the actual amount of money that was reimbursed to them directly
  • It said that consumers in the states of Benue, Bauchi, Gombe, and the Plateau received refunds totalling 219,752,347 kWh

Legit.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

As directed by the Nigerian Electricity Regulatory Commission, Jos Electricity Distribution Plc's management reports that the business has returned N13 billion to postpaid consumers who were mistakenly overcharged between January and September 2023.

Consumers Get Refund for Overcharges
Customers in the states of Benue, Bauchi, Gombe, and Plateau received refunds totaling 219,752,347 kWh. Photo Credit: Amorn Suriyan
Source: Getty Images

The company's Head of Corporate Communications, Friday Adakole Elijah, signed and released a press statement on Tuesday that included this information.

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Elijah revealed in a BusinessDay report that 52,000 consumers received this return. He advised clients to review their April 2024 bills to determine the precise amount of money that was reimbursed to them personally.

“A total of 219,752,347 kWh were refunded to customers in Benue, Bauchi, Gombe, and Plateau States,” the release read.

In the statement, Jos Electricity Distribution Plc pledged to continue providing all of its clients with the highest level of commitment and attention.

Responding to this, Nigerians express that the move is a good one and favours electricity consumers.

Taiwo Owolade said,

"This is a really great developmenet and I hope that same thing will be done across all parts of the country where consumers are charged unjustly."

Earlier, the Nigerian Electricity Regulatory Commission (NERC) announced on August 27 that six states have officially gained the authority to regulate their electricity markets.

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Following the transfer of regulatory power from the NERC, the states—Enugu, Ekiti, Ondo, Imo, Oyo, and Edo—will now oversee their respective electricity markets.

These states have established their own electricity regulatory agencies to manage and oversee the sector.

Nigeria May Disconnect Electricity to Togo, Others

Legit.ng reported that four of Nigeria’s neighbours, including Togo and three other bilateral customers, did not pay for electricity supplied by power generation companies in the first quarter of 2024.

The market operator had issued a cumulative invoice of $14.19 million for services rendered in the first quarter of 2024.

The Nigerian Electricity Regulatory Commission (NERC) disclosed this in a recent report.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng