Maha Christopher
The Anambra State Electricity Regulatory Commission has announced the implementation of four new regulatory laws aimed at improving electricity supply and attracting investment into the state’s power sector.
According to The Punch, the commission said the regulations are designed to liberalise the electricity market and reduce the monopoly currently held by FirstPower Electricity Distribution Company Limited, a subsidiary of the Enugu Electricity Distribution Company, in power distribution across the state.
The regulatory instruments were presented at the Old Government House in Awka on Tuesday.
Speaking at the event, the Chairman of ASERC, Prof. Frank Nwoye Okafor, said the commission was committed to regulating the state’s electricity market in line with Governor Chukwuma Soludo’s Integrated Electricity Policy and Strategic Implementation Plan.
“The signing of these four draft regulations on customer protection, application for licences, investment in the electricity market and business rules represents not merely the conclusion of a regulatory process, but the beginning of a more structured, transparent, and equitable energy landscape for all,” Okafor said.
He explained that the regulations were developed after extensive consultations and deliberations with stakeholders.
“These regulations have been shaped by months of careful deliberation, expert consultation, and a shared commitment to getting it right.
“They reflect our collective resolve to protect the rights of every consumer, to establish clear and fair licensing frameworks that promote accountability, and to create the conditions necessary to attract sustainable and responsible investment into our electricity market,” he added.
Okafor said the new regulations would serve as a foundation for strengthening governance, protecting consumers and creating a competitive electricity market capable of driving economic growth in the state.
He listed the instruments as the Business Rules Regulation, Customer Protection Regulation, Licensing Regulation and Investment Regulation.
The ASERC chairman also urged investors, industry operators and other stakeholders to partner with the commission in achieving its goal of ensuring a stable and reliable electricity supply for residents and businesses in Anambra State.
According to him, the new framework demonstrates the state’s commitment to building an efficient power sector that can support economic development through improved electricity access.
