Posts Tagged ‘NERC’

There Was No 50% Increase In Electricity Tariff – NERC

By Adejumo Enock The Nigerian Electricity Regulatory Commission, NERC has said there is no 50 percent increase in electricity tariff. In a statement titled, “Public notice on purported 50% increase in electricity tariffs” by NERC’s Management on Tuesday, the Commission spoke against the backdrop in some quarters that electricity tariff had been increased by 50 […]

NERC Says No Tariff Raise For Poor And Vulnerable Nigerians; DisCos Directed To Embark On Mass Metering

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday informed the general public and Power Distribution Companies(DISCOS) that tariff rates will only be considered reviewable when certain conditions are met, including adequate consultancy with customers, and an inch in supply. These conditions include ensuring that customers are consulted and communicated a guaranteed level of electricity service […]

Just In: “We Will Place Sanctions On 7 Electricity Distribution Companies Across The Country”— NERC

The Nigerian Electricity Regulatory Commission has issued an attitude adjustment ultimatum for seven distribution companies across the country, over non-compliance with distribution guidelines. The distribution companies, according to NERC, are Benin, Enugu, Ikeja, Eko, Kano, Kaduna and Port Harcourt. According to the regulatory agency for the Nigerian power sector, the Discos are facing disciplinary enforcement […]

Again, Discos, TCN propose fresh electricity tariff increase

Power Distribution Companies (Discos) in the country and the Transmission Company of Nigeria (TCN) have approached the Nigerian Electricity Regulatory Commission (NERC) with a view to reviewing electricity tariffs upward again. Reports say the new request resulted from the necessity to factor in changes in macroeconomic parameters and other circumstances influencing the efficiency of the […]

NERC: Nigerian govt orders 78% hike in electricity tariffs

The Nigerian Electricity Regulatory Commission (NERC) on Saturday announced the immediate review of electricity tariffs in the country from April 1st 2020. The order was issued to the 11 electricity distribution companies (DISCos) on December 31, 2019, but published on the Commission’s website on Saturday. Signed jointly by the Chairman of the Commission, Joseph Momoh, and the […]

Breaking Down Energy Consumption (Ikeja)

This is a follow up on our energy series. We will be looking at energy consumption in Ikeja. Ikeja Electricity Distribution Company (IKEDC) covers the following areas of Lagos States: Abule Egba, Akowonjo, Ikeja, Ikorodu, Oshodi and Shomolu. CLASS DESCRIPTION TARIFF (kWh) R1 Life Line (50kWh) N4.00 R2SP Single Phase N21.30 R2TP Three(3) Phase N21.80 […]