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Home Business News

NERC Explains Why Electricity Output Is On The Decline

Editor by Editor
March 3, 2016
in Business News
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Nigerian Electricity Regulatory Commission (NERC) has announced that the power grid dropped more than 40% from its record breaking 5000mw in the past two weeks to 2,800mw due sabotage from pipeline destruction.

The Commission approved the revised Multi Year Tariff Order (MYTO) for electricity Distribution Companies (Discos) last December,while earlier this year they warned that any distribution company (Disco) that rejects electricity from the Transmission Company of Nigeria (TCN) will be sanctioned.

NERC’s Acting Chief Executive Officer Anthony Akah expressed his frustration on the situation.

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In a statement issued by the Head Public Affairs Department of NERC,Usman Abba-Arabi:

  • The Public CPC and the DISCO will have to work hand in hand to curb the menace of vandalization.

  • The NERC will make sure the DISCO publish their meter deployment schedules.

  • The publication would ensure adherence to the meter roll out plan contained in the performance agreement signed with government by the utility firms.

  • The NERC had issued warning to the DISCOs against wrongful estimated billings and acts of compelling customers to buy, install and repair transformers and poles.

  • The NERC and CPC was part of concerted efforts to reduce the incidence of estimated billing completely.

  • The Director General of CPC, Mrs. Modupe Atoki, commended NERC for the long standing relationship between the two agencies.

Curated From Premmium Times

Tags: DISCOSNERCPower Sector
Editor

Editor

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