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.
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.
NERC explained in a media statement that “under these service-based principles Discos will only be able to review tariff rates for customers when they consult with customers, commit to increasing the number of hours of supply per day and quality of service. In all cases poor and vulnerable Nigerians will not experience any increase.”
“It is not true that Nigerians do not want to pay more for power but that they have been unhappy with the poor service over the years.
Providing reasons for the increase in meter cost, the commission explained that the hike in foreign exchange rate by the Central Bank of Nigeria was a contributory factor.
Should Nigeria allow the private sector to continue the ownership of the nation’s power infrastructure, or return the sector to the days when government was in charge of electricity supply?
The Minister of Power, Mr Saleh Mamman, has said that the Federal Government has yet to take a decision to supply free electricity to Nigerians for two months. The minister’s statement came after power distribution companies said that the two-month free electricity which they announced on Wednesday would be paid for by the National Assembly…
By Shaka Momodu It’s about time we stopped burying our heads in the sand, pretending that all is well with the power sector in Nigeria. Successive governments have been doing just that, and the result? Reality has always come to bite us harder. Nigerians are hoping that the problems they are facing will one day…
Since November 2013, when the Power Holding Company of Nigeria (PHCN) successor companies were handed over to their new owners, the perennial challenge of epileptic power supply, which over the years contributed to the frail economic growth recorded by the country has remained unabated. In fact, the expectation of improved and stable supply of electricity,…
By Jumoke Adelabu The Nigerian Electricity Regulatory Commission (NERC) has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers. It said it had cancelled the Estimated Billing Methodology Regulation as a basis for computing the consumption of unmetered customers by the Discos. NERC disclosed this in its order…
