With the commencement of negotiations between the Distribution Companies (Discos) and electricity consumers for a review of electricity tariffs, there is every possibility that a hike in tariffs will take effect next month. The new tariffs will, however, be subject to the approval of the Nigerian Electricity Regulatory Commission(NERC).
Earlier this year, the NERC had authorised the Discos to fix tariffs based on operational costs in their locations, but directed that the tariffs would be subject to approval by the regulatory agency.
The agency also directed the Discos to interface with their customers to arrive at acceptable rates that would be presented for approval. The new tariff regime to be set by the Discos, with the approval of NERC, will commence in July under a new Multi-Year Tariff Order (MYTO).
Chairman of NERC, Dr. Sam Amadi, had said that the regulatory agency had in the past encouraged the Discos to hold consultations with customers on the issue of tariffs, adding that it would henceforth be the duty of the downstream electricity companies to fix the tariffs and not his agency.
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/TUrfSE4pQp https://t.co/udXBphMxov
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/vH7SqXmyNk https://t.co/klqYkWJGp9
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/hiUOeDYbO3 https://t.co/ZVxJIc2dVg
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/VfVZkpxVEu
RT @Nairametrics: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/vH7SqXmyNk https://t.co/klqYkWJGp9
RT @ugodre: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/hiUOeDYbO3 https://t.co/ZVxJIc2dVg
“@ugodre: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/l08xP1M7sb https://t.co/mIT8biD9tD”
@InsideMainland
RT @mrchukwumaz: “@ugodre: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/l08xP1M7sb https://t.co/mIT8biD9tD”
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Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/UluqfuRJKt
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/gSijW9F1Ll
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/D0nKwdOaOJ https://t.co/AWGp4Jxz4z
RT @ugodre: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/D0nKwdOaOJ https://t.co/AWGp4Jxz4z
Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/D0nKwe5LGh https://t.co/IMmB5GSDf9
RT @ugodre: Discos Negotiate with Customers Over Hike in Electricity Tariffs https://t.co/D0nKwe5LGh https://t.co/IMmB5GSDf9