| Power & Energy |    941 VIEWS  |
| Power & Energy | |
| 941 VIEWS | |
 |
Tuesday,
January 05, 2020 /03:55 PM / By NERC Nigeria / Header Image Credit: NERC Nigeria
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 state 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.
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 subsidised in line with
the policy direction of the FG.
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.
The Commission remains committed to protecting
electricity consumers from failure to deliver on committed service levels under
the service-based tariff regime.
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
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