Electricity Tariff Increment Looms As FG Confirms Applications For Rate Review

Byadulawo

Jul 17, 2023

The Federal Government said the 11 electricity distribution companies have applied for tariff increments.

The Nigerian Electricity Regulatory Commission, NERC, disclosed this in a notice posted on its website.

Recall that there have been indications of a possible electricity tariff hike.

NERC, in the notice, called on stakeholders, Nigerians, to comment on the rate review applications by the DisCos.
Read Also Electric Customers To Lose Prepaid Meters As Conlog Calls For Reset
Meanwhile, NERC said the tariff review is coming on the heels of the need to reflect the macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of DisCos.
Read Also BREAKING: Adamu Speaks, Vows To Wait For President Tinubu’s Return After Reported Resignation
“Accordingly, the commission hereby invites the general public for comments on the rate review applications by the distribution licensees,” it stated.

WP2Social Auto Publish Powered By : XYZScripts.com