Finally! NERC Hikes Electricity Tariffs

0 Admin
The Nigerian Electricity Regulatory Commission (NERC)
has released new electricity tariff plans, which states the
various rates of increase in energy charges for consumers
across the country.

File photo of NERC Chairman, Dr. Sam Amadi

The regulatory agency also announced the removal of
fixed electricity charges for all classes of electricity
consumers adding that consumer will only pay for what
they had used.

A fortnight ago, the minister of power, works and housing,
Babatunde Fashola had hinted that electricity tariffs will be
jacked up to encourage investors into the power sector,
The Punch reports.
He also told consumers to respect the new regime as it
will lead to improve power supply.
NERC on Monday, December 21, stated that from next
billing period, power distribution companies would no
longer charge their customers monthly fixed charges.
“For instance, residential customer classification (R2) in
Abuja Electricity Distribution Company will no longer pay
N702 fixed charge every month. Their energy charge will
increase by N9.60.
“Also, residential customers (R2 customers) in Eko and
Ikeja electricity distribution areas will no longer pay N750
fixed charges. They will be getting N10 and N8 increase
respectively in their energy charges. Similarly, the burden
of N800 and N750 fixed charges would be lifted off the
shoulders of Kaduna and Benin electricity consumers.
These consumers will see an increase of N11.05 and
N9.26 respectively in their energy charges,” the NERC
stated.
Tags

Post a Comment

0 Comments
* Click Post A Comment, Please Don't Spam Here. All the Comments are Reviewed by Admin. To provide exclusive News and Special Report, we have a small request to ask you. We want you to be part of our journalistic endeavour by contributing a token to us. Your donation will further promote a robust, free, and independent media, Send Directly to Our CEO Account- FIRST BANK ACCOUNT 3018643623 ESAN OLUWAPELUMI OLAYEMI.

About Us

Spye TV is a Nigerian New media station broadcast by Spye Communications Ltd, based in Abuja. It reports on local and national news, security, politics, metro, business, entertainment, sports, opinions and produces special News documentaries.