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“NEA has to Collect Over NRs. 40.12 Arba in Electricity Tariff from Customers, says Auditor General Report”

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“NEA has to Collect Over NRs. 40.12 Arba in Electricity Tariff from Customers, says Auditor General Report”

Date: April 20, 2023

The Nepal Electricity Authority (NEA) has yet to collect over NRs. 40.12 Arba in electricity tariff from customers, according to a report by the Auditor General. The report, which covers the fiscal year 2079/80, highlights the NEA’s failure to collect outstanding dues from customers, resulting in a significant financial loss to the authority.

The Auditor General’s report reveals that the NEA had outstanding dues of NRs. 40.12 Arba as of the end of the fiscal year 2079/80. This amount includes NRs. 20.33 Arba in overdue payments and NRs. 19.79 Arba in current bills that remained unpaid.

The report further states that the NEA’s failure to collect outstanding dues from customers is a result of poor billing and collection systems, as well as inadequate monitoring and follow-up procedures. The Auditor General has recommended that the NEA take immediate steps to improve its billing and collection systems, and to strengthen its monitoring and follow-up procedures.

The NEA has responded to the report by acknowledging the issue and stating that it is taking steps to improve its billing and collection systems. The authority has also pledged to increase its efforts to collect outstanding dues from customers in a timely manner.

Conclusion: The NEA’s failure to collect over NRs. 40.12 Arba in electricity tariff from customers is a significant financial loss to the authority. The Auditor General’s report highlights the need for the NEA to take immediate steps to improve its billing and collection systems and strengthen its monitoring and follow-up procedures.

Attribution: This report is based on the findings of the Auditor General’s report on the NEA’s finances for the fiscal year 2079/80.

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Source: Internet

Tags: NEA, electricity tariff, Auditor General, overdue payments, billing system, collection system, financial loss

CTA: Customers are urged to pay their electricity bills in a timely manner to avoid any inconvenience and financial burden. The NEA is also urged to take immediate steps to improve its billing and collection systems.

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