Hike: Electricity Consumers To Pay N417.09bn In Four Months       Following the recent increase in electricity tariffs, the 11 distribution companies in the country are allowed to collect a total of N417.09bn from their customers from September to December. The Discos had early this month announced what...

Tariff Increase: Discos Get 85% Collection Order       The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased electricity tariffs from affected customers between September and December. It disclosed this in its latest orders...

Discos To Pay For Rejecting Electricity – NERC       The Nigerian Electricity Regulatory Commission has said the power distribution companies will be liable to capacity charge for failure to take their entire load allocation caused by constraints in their networks. NERC disclosed this in a document seen...

Electricity Consumers Seek Reversal Of Tariff Increase     A groundswell of opposition by electricity consumers, on Wednesday, trailed the commencement of a new electricity tariff regime by Electricity Distribution Companies (DisCos). Most of the aggrieved consumers under different categories of the newly hiked tariff, who spoke with...

DisCos Hike Electricity Rates As New Tariff Begins Tuesday     The power Distribution Companies (DisCos) are already hiking electricity rates despite the effects of the COVID-19 as a three-month tariff hike implementation begins on Tuesday. Tariff schedules of three DisCos seen by our correspondent on Monday night,...

Electricity: Banks To Ensure DISCOs Pay NBET, TCN Debts — CBN       Deposit Money Banks have been requested by Central Bank of Nigeria, CBN, to ensure that Electricity Distribution Companies, DISCOs, pay for consumed power they were provided guarantees. This is part of a renewed effort to...