The Nigerian Electricity Regulatory Commission (NERC)has threatened sanctions against electricity distribution companies or DisCos if they failed to take up at least 95 per cent of the total monthly energy allocated for distribution.

In the commission’s Order on Performance Monitoring Framework for all the DisCos, the market operator rolled out touch sanctions against utility firms that commit infractions capable of inflicting pain on electricity consumers.

Among other things, NERC said it would reduce five per cent of the administrative, and operational expenditure of any DisCo that failed to offtake at least 95 per cent of the total energy allocated to it for distribution monthly.

The order stipulated that failure to off-take up to 95 per cent of available nominations in any month will attract issuance of a rectification directive, such as a downward adjustment of DisCos guaranteed Admin OpEx by 5 per cent for the next quarter.