Energy
NERC says 62.63% of electricity consumers on estimated billing
NERC has disclosed in its recent report that 62.63% of electric customers in Nigeria were under the estimated billing package as at Q3 2020.
Published
4 weeks agoon
The Nigerian Electricity Regulatory Commission (NERC) has announced that 62.63% of electric customers in Nigeria were under the estimated billing package as at September 2020.
This was disclosed by the Commission in its 2019 to Q3, 2020 Nigerian Electricity Supply Industry (NESI) Key Financial and Operational Data, reported this week.
The NERC disclosed that metering for customers has been a challenge so far, citing that only Eko Electricity Distribution Company and Ikeja Electric Plc had metered over 50% of their customers.
READ: Power: DisCos remain the weakest link
Altogether, of the 11,841,819 registered electricity customers in Nigeria as at Q3 of 2020, only 4,425, 628 (37.37 %) were metered.
“Thus, 7, 416,191 representing 62.63 per cent of the registered electricity customers are still on estimated billing,” NERC said.
Metering data per DisCo include:
Benin DisCo – 47.42 %;
Abuja-48.66%
Eko-51.68 %
Ikeja- 51.09 %
Enugu-43.77 %
Port Harcourt-39.64 %
Ibadan- 27.97 %
Jos- 29.04%
Kaduna-22.56 %
Kano- 21.40 %
Yola-19.03 %.
READ: Court asks EFCC to arrest ExxonMobil Nigeria MD over alleged fraud
What you should know
- Recall Nairametrics reported that the FG through NERC said that electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme, will have a refund of their money.
- Under the MAP scheme, which took off on May 1, 2019, electricity consumers have two options for acquiring a meter: upfront payment or installment payments through metering service charge on a monthly basis.
- The Federal Government also announced that the Central Bank of Nigeria has disbursed a total of N14.35 billion to DisCos to cover the procurement of 263,860 meters under the National Mass Metering Programme
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Energy
Siemens Power deal: FG to collaborate with Egypt
Nigeria is set to collaborate with Egypt towards a total overhaul of the power grid and distribution systems.
Published
1 day agoon
March 2, 2021
President Muhammadu Buhari ordered the Ministry of Power to work with the Egyptian government on an effective rollout of the Presidential Power Initiative with German engineering company Siemens AG.
This was disclosed by Mr. Aaron Artimas, Special Adviser, Media and Communication to the Minister of Power, in a statement in Abuja on Monday.
The Special Adviser revealed that the Minister of Power, Mr. Sale Mamman, disclosed this in a meeting with the Egyptian Ambassador to Nigeria, Mr. Ihab Awad, citing that the FG wants to learn from Egypt’s successful implementation of a power upgrade with Siemens AG.
READ: Plan to overhaul Nigeria’s Power grid attracts investors – Siemens
“The President had reasoned that obtaining more information from Egypt will enable Nigeria to maximize our agreement with Siemens, towards the total overhaul of our power grid and distribution systems,” he said.
The Power Minister said that the FG would leverage on Egypt’s rollout programme also and added that both countries would also collaborate on renewable energy, and improving other sectors of the electricity value chain.
What you should know
- Nairametrics reported that the FG and Siemens AG have signed a contract for the pre-engineering phase of the Presidential Power Initiative.
- In 2018, Siemens, Elsewedy Electric, and Orascom Construction launched a 14.4 GW project under 30 months including the largest combined cycle megaprojects in Beni Suef, Egypt.
Energy
TCN hits power transmission of 5,615.40MW
The TCN has broken its own transmission record twice in the space of a week.
Published
1 day agoon
March 2, 2021
The Transmission Company of Nigeria (TCN) announced that it hit another record milestone on transmission, as it recorded a national peak of 5,615.40MW.
This was disclosed in a statement by Ms Ndidi Mbah, General Manager, Public Affairs, TCN, on Tuesday in Lagos, she added that the TCN hit the record on the 28th of February.
The TCN added that the transmission was distributed at a frequency of 50.20Hz by 9.30 pm of the same day, as the TCN has broken its own transmission record twice in the space of a week.
READ: TCN: Minister of Power shares FG’s plans with new management
“Also, on Feb.26, 2021, TCN equally transmitted a new Maximum Daily Energy of 116,891 14MWH which is higher than the previous value of 116,121 42MWH achieved on Feb. 25, 2021 by 769.72MWH,” the TCN said.
Mr Sule Abdulaziz, Managing Director, TCN, said the company would remain focused on its goal to complete ongoing projects and undertake new ones as it strives to put in place a robust transmission and, despite challenges posed by vandalism and insecurity.
What you should know
- Nairametrics reported on March 1st that The Transmission Company of Nigeria announced it has broken its transmission record once again, after hitting a record of 5,584.40 MW.
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Igo pere
February 9, 2021 at 11:30 pm
In Bayelsa State, PHED is still selling meterso unsuspecting cudtomers. NERC should investigate and call the management to order