Mr Adelabu said that he carried out his duties with a clear conscience and in the national interest.
He commended the commission for its improved digital transparency.
Mr Tinubu charged the board members to deepen and consolidate ongoing reforms in the power sector.
He said the commission has spent 20 years pushing reforms for transparency, accountability, and sector growth.
NERC says it has approved N28 billion for the procurement of meters for all outstanding unmetered Band A customers at no cost.
The commission said the respective fines “represent 10 per cent of the overbilled amount.”
He added that as a result of the non-payment of subsidy, gas supply and power generation had continued to dip.
An electricity market analyst acknowledged the inevitability of the tariff increase, attributing it to fluctuations in the dollar and gas prices.
KAEDC is one of the five Electricity Distribution Companies taken over by their funders.
The chairman said the last tariff review was approved on December 31, 2021, and became effective in February 2022.
