DisCos get NERC nod to raise electricity tariff from Sept 1

DisCos get NERC nod to raise electricity tariff from Sept 1
Prepaid meters

Electricity Distribution Companies have gotten the Nigerian Electricity Regulatory Commission's permission to increase their electricity tariff effective September 1, 2021.

According to The Nation, the directive was contained in a document from the regulatory body to the energy distributors over the weekedn.

The reporter added that NERC's letter titled “Tariff Increase Notification” also gave the DisCos the leverage to charge a service-based tariff

The document titled:”023/EKEDP/GMCLR/0025/2021, dated 25th August 2021, that Eko Electricity Distribution Company (EKEDC), officially informed its customers on the decision of upward tariff adjustment effective from 1st September 2021.

The energy distributor informed its customers that “the increase will be reflected on the energy bill for October 2021, which will represent energy consumption for September 2021.

Informing its metered customers on the development, the company said “for metered customers with internal vending arrangements, we urge you to adjust the rates accordingly to reflect the new tariff increase as released by NERC.”

As of the time of this report, the Commission’s spokesman, Dr. Usman Arabi, and the Abuja Electricity Distribution Company (AEDC), General Manager, Corporate Services, Mr. Oyebode Fadipe, neither received the call nor replied the text message of inquiry.

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