Paying more for darkness
“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.
Tag: nerc
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Meter price: 6.46 million unmetered customers to pay more —NERC
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.
Privatisation of power sector and calls for reversal
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?
59.7% of electricity customers still on estimated billing, NERC says
By Oke Peter At the backdrop of a new and higher electricity tariff commencing next month across the country, about 5.8 million of electricity consumers are yet to be captured under the pre-paid meter scheme. This figure represents 59.7 percent of the total registered electricity consumers in the country. This came as the remittance from…
NERC puts limits on Discos’ estimated billing
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…
NERC moves to remove tariff-related liabilities from DisCos
By Oke Peter The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff-related shortfalls during the transition to cost-reflective tariffs and to prevent the accrual…
Discos and electricity consumers in 2020
Arguably, after politics and security, the question of service delivery in the Nigerian power sector, a highly sensitive one at that, is the most discussed in the country today. The distribution sector of the electricity value chain is constantly in the news embroiled in one service delivery controversy or the other. Some of the areas…
Power generation hits 4,898.2MW •Don’t revoke our licences, Discos beg NERC
The total quantum of electricity generated on the national grid since the beginning of 2020 reached a peak of 4,898.2 megawatts on Wednesday, latest industry data obtained on Thursday in Abuja showed. Findings from the Federal Ministry of Power showed that the grid had opened the year 2020 with a peak power generation of 4,678.8MW,…
Electricity tariff hike still subject to public consultation — NERC
By Jumoke Adelabu The Nigerian Electricity Regulatory Commission (NERC) has said the review of electricity tariffs in the country is subject to public consultation. The chairman of the board of NERC, James Momoh, said the proposed tariff is only a review that it is mandated twice in a year. Speaking at a briefing on an…
Electricity billing: NERC orders DisCos’ transition to cashless billing, collection
By Oke Peter AS part of its efforts to ensure optimal utilization of resources for the provision of electricity services, the Nigerian Electricity Regulatory Commission (NERC) on Tuesday, ordered the electricity distribution companies (DisCos) to transit into cashless collection of electricity bills. This is effective for industrial and commercial by 31st January 2020 and R3…