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Tariff Increase: Discos Get 85% Collection Order

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

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...

Revisiting the ‘New Electricity Tariff Regime’

Revisiting the ‘New Electricity Tariff Regime’ By Isah Ismaila Gagarawa     It may be recalled in January, the Nigerian Electricity Regulatory Commission (NERC), announced that there would be an increase in electricity tariff across the country in April. Similarly, President Muhammadu Buhari directed the commencement of a...

DisCos Hike Electricity Rates As New Tariff Begins Tuesday

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,...

DisCos Collected N442.6bn In 2018, Says NERC

DisCos Collected N442.6bn In 2018, Says NERC       The Nigerian Electricity Regulatory Commission (NERC) said the 11 Distribution Companies (DisCos) collected N442.6 billion in 2018. It was learnt at the weekend from a document which our correspondent obtained in Abuja: “The total billing to electricity consumers by...

Why We Have Inaccurate Electricity Billing — NERC

Why We Have Inaccurate Electricity Billing — NERC     The Nigerian Electricity Regulatory Commission, NERC, yesterday, attributed inaccurate billing of consumers to poor installation of prepaid meters in Nigeria. The Commission, which identified poor training of installers as an additional factor, has emerged with new guidelines for...