Why DISCOs recorded 40% revenue loss —NERC
The failure to meet target, according to NERC, comes at a time when the sector was considering an increase in electricity tariffs brought about by macroeconomic conditions.
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OP-ED: Buhari should resolve the power quagmire
By now, Nigeria should be building a second national power grid as well as regional grids, mini and micro-grids to distribute as much electricity as possible. Moreover, policies should drive private investment in alternative power sources, especially renewables – solar, wind, hydro, tidal, geothermal and biomass.
Power generation rises to 4,089MW, as inadequate facilities hinder distribution
“While the DisCos are not exonerated from responsibility for performance failures, it would be unrealistic to reach related conclusions without taking into consideration the factors that have been listed previously, as well as the FGN’s contributions to these challenges.
Power supply in Nigeria falls marginally to 76,375MWh
Electricity supply in Nigeria recorded a marginal drop on Wednesday to 76,375.48MWh, is 0.6% lower than the 76,851.08MWh sent in the previous day. This is according to information from the Transmission Company of Nigeria (TCN).
Will there ever be light? Shall we ever be nourished by oil?
According to Omonfoman, the problem is partly due to the non-implementation of cost-reflective tariffs by the Nigerian Electricity Regulatory Commission (NERC), high technical and commercial losses exacerbated by energy theft, and consumers’ apathy to payments because of unfair estimated billing practices by DisCos, and poor metering implementation by DisCos.
DisCos to begin installation of free four million prepaid meters soon —Power Minister
Nigerian Minister of Power, Engineer Sale Mamman says electricity distribution companies will soon begin the installation of four million free prepaid metres across the country.
Power distributors now selling govt’s free meters, consumers allege
Power consumers have raised the alarm that power distribution companies were now selling the free meters that were provided for electricity users by the Federal Government.
Century Power calls for more private sector-led reforms in the power sector
Dr. Umeh, who is also the Chief Operating Officer of the Nestoil Group lamented the impasse over the implementation of cost-reflective electricity tariffs in the country arguing that if electricity is not appropriately priced, the industry cannot attract the needed investments.
NERC orders Discos to compensate consumers for power delivery failure
Power distributors that fail to supply the required quantum of electricity under the new service reflective tariff regime will compensate the affected consumers for defaulting in service delivery.
DisCos: Schneider Electric launches self-healing grid solutions to boost power efficiency
Schneider Electric, a leading digital transformation, energy management and automation giant, has launched new intelligent equipment to achieve a self-healing grid and ensure efficient use of power in Nigeria.