Ibadan, March 26, 2024 – Ibadan Electricity Distribution Company (IBEDC) is collaborating with the Federal Government’s Special Investigation and Prosecution Task Force on Electricity Offences (SIPTEO) to fight energy theft within its network.
Johnson Tinuoye, its Chief Accounts Officer, said this at Ota, Ogun State, on Tuesday.
He said that the company was actively investigating and taking legal actions against individuals and businesses involved in energy theft.
Tinuoye said IBEDC recorded over 1,459 cases of energy theft between January and February 2024.
He said the cases involved meter bypass and illegal meter-tampering, resulting in significant financial losses amounting to hundreds of millions of naira.
Tinuoye said that the escalating losses had prompted a strategic partnership with the SIPTEO to help in expediting the investigation and prosecution of offenders within IBEDC’s franchise.
He said that under the Electricity Act, energy theft was now recognised as a criminal offence, carrying severe penalties including imprisonment.
Tinuoye said that in Osun region, two individuals were apprehended for stealing energy through meter bypass and illegal connections.
He said that the cases had been formally taken to court for prosecution.
“We want to send a clear message to our customers that energy theft will not be tolerated.
“Our collaboration with the SIPTEO underscores our commitment to ensuring a fair and just electricity distribution system.
“In addition, energy theft not only undermines the integrity of our operations but also deprives IBEDC of the revenue necessary to provide quality services to our customers,” he said.
He enjoined the customers to refrain from engaging in any form of energy theft, warning that the consequences could be severe.
said there was no room for negotiation with the SIPTEO Task Force team which was actively patrolling and investigating instances of energy theft for prosecution.
