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NERC Commences Fresh Review Of Electricity Tariff For TCN, 11 DisCos

NERC Commences Fresh Review Of Electricity Tariff For TCN, 11 DisCos   The Nigerian Electricity Regulatory Commission, NERC, has issued a notice on its intent to start a fresh extraordinary tariff review for the Transmission Company of Nigeria (TCN) and the 11 Distribution Companies (DisCos). In...

Gencos Write Presidency, NERC Over Admin Charge

Gencos Write Presidency, NERC Over Admin Charge   Power generation companies on Monday petitioned the Nigerian Electricity Regulatory Commission, the Presidency and other relevant agencies of government over a recent administrative charge imposed on Gencos. In a letter dated September 30, 2019, addressed to the chairman of...

Poor Power Supply: Consumers Reject Move To Hike Tariff

Poor Power Supply: Consumers Reject Move To Hike Tariff   Different groups representing power consumers across the country have declared that the recently approved increase in electricity tariff will not stand until there is considerable improvement in power supply. On August 22, 2019, Economic Confidential reported that...

In 4 Years, Electricity Tariffs Grow Threefold

In 4 Years, Electricity Tariffs Grow Threefold   Electricity tariffs have increased by more than 300 per cent in the last four years, investigation has shown. Although the government has always predicated increases in tariffs on the need for appropriate cost for better service delivery to the...

NERC To Discos: Issue Meter To MDAs Before August 31

NERC To Discos: Issue Meter To MDAs Before August 31   The Nigerian Electricity Regulatory Commission has ordered power distribution companies to install meters in all ministries, departments and agencies of both federal and state governments before the end of August. It gave the order in a...

Discos Suffer N1.15trn 4 Year Tariff Shortfall

Discos Suffer N1.15trn 4 Year Tariff Shortfall   The Nigerian Electricity Regulatory Commission has confirmed the sum of N1.15trn as the tariff shortfall suffered by the 11 electricity distribution companies in the country from 2015 to 2018. NERC disclosed this in the 2016-2018 Minor Review of Multi-Year...