NERC Denies Approval of Hike in Electricity Tariffs

The Nigerian Electricity Regulatory Commission has denied the knowledge of approval of a purported 50 percent increase in electricity tariffs.

The statement was made in the Public Notice and Tweet thread by the Commission’s official handle on Twitter @NERCNG.

The tweet thread reads “The attention of the Commission has been drawn to publications in the print and electronic media misinforming electricity consumers that the Commission has approved a 50% increase in electricity tariffs. The Commission hereby states unequivocally that NO approval has been granted for a 50% tariff increase in the Tariff Order for electricity distribution companies which took effect on January 1, 2021.”

The commission further stated that “On the contrary, the tariff for customers on service bands D & E (customers being served less than an average of 12hrs of supply per day over a period of one month) remains frozen and subsidized in line with the policy direction of the Federal Government.

Read Also  Speaker Dogara urges FG to Increase Workers Salary

“In compliance with the provisions of the EPSR Act and the nation’s tariff methodology for biannual minor review, the rates for service bands A, B, C, D and E have been adjusted by NGN2.00 to NGN4.00 per kWhr to reflect the partial impact of inflation & movement in forex.

Nigerian Electricity Regulatory Commission in the tweet requested the media houses that published the News to retract their earlier publications which are misinforming electricity consumers nationwide about a purported 50% increase in electricity tariffs In the light of strong public interest on this matter, the media is hereby

The Commission insisted that it remains committed to protecting electricity consumers from failure to deliver on committed service levels under the service-based tariff regime. And that any customer that has been impacted by any rate increases beyond the above provision of the tariff Order should report to the Commission at customer.complaints@nerc.gov.ng

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

WP2Social Auto Publish Powered By : XYZScripts.com