Tag: NERC

House of Representatives orders NERC to stop estimated billing in Nigeria

Aminu Imam

The House of Representatives has urged the Nigerian Electricity Regulatory Commission NERC to compel Distribution Companies (DisCos) to stop arbitrary billing of electricity consumers immediately. This followed the adoption of a Motion by Hon. Afuape Moruf, calling NERC to address challenges confronting electricity consumers. The House also urged the NERC to sanction the DisCos for the abysmal electricity supply to consumers, and work out modalities to compensate communities, individuals and other private and public entities for their investments in the distribution network. While leading the debate on the Motion, Hon.…

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“We will protect Nigerians from outrageous estimated billing” – NERC

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC), has said that it is committed to protecting Nigerians from outrageous estimated billing. The Commission said this in an awareness video released via its social media platform recently. The awareness video addressed the use of energy caps which were created to protect unmetered customers from outrageous estimated billing. NERC said it has developed a methodology to determine monthly energy caps, which is the maximum amount of energy distribution companies (DisCos) can charge unmetered non-maximum demand (non-MD), customers, each month. According to NERC, the caps…

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Electricity Tariff Hike: As NERC, DisCos play hide and seek, Nigerians in panic bulk-energy buying

Aminu Imam

Confusing signals emanating from electricity distribution companies (DisCos) in the country and the Nigerian Electricity Regulatory Commission (NERC) are keeping electricity consumers on edge. Unsure of the conflicting signals from the regulator and the DisCos., many Nigerians are making panic bulk energy purchases. Recall that on June 22nd, the Abuja Electricity Distribution Company (AEDC) announced that there would be an upward review of the electricity tariff effective July 2023. The tariff increase, the company said, was influenced by the fluctuating exchange rate. The company also encouraged customers with prepaid meter…

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Hard times loom, as electricity tariff set to increase by over 40% from July 1

Aminu Imam

Nigerians may need to brace up for tougher times as electricity tariff is set to increase by over 40 percent from July 1, 2023. This rise follows the unification of the naira, which has led to the depreciation of the naira at the investor and exporter window. Recall that the Central Bank of Nigeria (CBN) recently made an announcement regarding the unification of all segments of Nigeria’s forex market, consolidating all windows into one. According to informed stakeholders, this new system will allow market forces, such as supply and demand,…

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Power supply to drop again, TCN alerts Nigerians

Aminu Imam

Power supply will drop by 50 megawatts on Wednesday, it was learnt. The Transmission Company of Nigeria, (TCN), in a statement on Monday, said the drop would be as a result of planned annual “preventive maintenance” on the line bay at Lekki Transmission Sub-station in Lagos. During the maintenance period, about 50MW will be interrupted, affecting the power supply to Lekki phase 1, Oniru, Elegushi, Waterfront, Igbo Efon, and Twenty-first Century Estate in Lagos State. “TCN regrets all inconvenience this might cause electricity consumers in the affected area”, the statement…

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Nigerians to enjoy improved power supply from July 1 – NERC

Aminu Imam

The Chairman, Nigerian Electricity Regulatory Commission, (NERC), Sanusi Garba, says Nigerians will witness improved power supply from July 1, following renewed efforts by industry stakeholders. Garba gave the assurance at an interactive session with newsmen after the Second Nigerian Electricity Supply Industry (NESI) meeting yesterday, in Lagos. The meeting was attended by top officials of NERC, Transmission Company of Nigeria, (TCN), Generation Companies (GenCos) as well electricity Distribution Companies (DisCos). He said the NERC had facilitated a contractual agreement between the Gencos, TCN and the 11 DisCos that would guarantee…

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Electricity: NERC to hike tariff every 6 months over falling value of naira

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC) has revealed that electricity tariffs will now be increased every six months to adjust to foreign exchange and inflation requirements. This was disclosed by the NERC Chairman, Sanusi Garba, in Abuja on Wednesday, in response to concerns about rising electricity tariffs in the country. The Commission also added that the grid failure this week as a result of a trip-off caused by the conductor snap, which started from the 330 Kilo-Volt Ampree (KVA) from the Benin axis as well as vandalism of pipelines that…

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Electricity: FG hikes prices of prepaid meters

Aminu Imam

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. This was announced yesterday, via a circular issued by the Nigerian Electricity Regulatory Commission, (NERC), dated November 11, 2021, and addressed to Managing Directors, all electricity distribution companies, (DisCos) and all meter asset providers. The circular was entitled: ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’. In the document, the regulator raised the price of a single-phase meter from the current…

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‘Over 1million  electricity consumers have received prepaid meters’ – NERC

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC), says 1,092,399 customers have been metered by electricity distribution companies (DisCos) under the Meter Asset Provider (MAP) scheme and the National Mass Metering Programme (NMMP). The agency disclosed this in its reply to a Freedom of Information, (FOI), application by an electricity consumer group that requested data on the number of meters distributed by the DisCos under both programmes. The All Electricity Consumers Protection Forum (AECPF) had asked NERC to provide data on the number of meters distributed so far by the DisCos under…

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Electricity tariff set to rise again in July as NERC concludes review

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC) says it will introduce another tariff review for the 11 distribution companies (DisCos) in the country. The NERC, which is the regulator of the nation’s power sector, made this known yesterday, in a notice to the general public and industry stakeholders posted on its website. According to the Commission, it is concluding the ‘Extraordinary Tariff Review’ process for the 11 DisCos. The NERC said the review was according to the provisions of the Electric Power Sector Reform Act (EPSRA), adding that it would also…

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