Tag
NERC
News and stories about NERC
According to NERC, many estimated billing customers are not aware that there is a regulation that requires them to inform their DisCo when they will not be around so that their billing can be halted during that period of their absence as their electricity is not in use.
Vandalism caused 13% of power-related accidents between Q1 and Q3 of 2023. This is according to the Nigerian Electricity Regulatory Commission (NERC).
During the second quarter of 2023, the Nigerian Electricity Regulatory Commission (NERC) issued some licenses and permits to several entities.
The Nigerian Electricity Regulatory Commission (NERC) has said that it made ₦5.63 billion as revenue and had an expenditure of ₦2.46 billion in the second quarter of 2023.
The Federal Government in Q2 2023, paid a total of ₦135.23bn for electricity subsidy, a 275%q/q increase from...
The Nigerian Electricity Regulatory Commission (NERC) has said that in the second quarter of 2023, distribution companies (DisCos) recorded 95.21% market remittance, the highest so far in 2023.
NERC has specified licenses and permits related to the 2023 Electricity Act. These apply to activities generating up to 1 MW and electricity distribution networks of 100 KW or less.
The Nigerian Electricity Regulatory Commission (NERC) has said that power generation costs constituted the highest share of end-user tariffs in 2022 at 49.02%.
NERC highlighted that in 1999, Nigeria’s power sector needed a reform due to a pressing need to address critical deficiencies and inefficiencies that were hindering the sector's growth.
Experts in the electricity sector have emphasized that Nigeria might not be prepared to implement smart metering for all its electricity customers due to the absence of much-needed communications infrastructure.
The Nigerian Electricity Regulatory Commission (NERC) has said that electricity capacity in the country grew by 7.95% between 2015 and 2022.
The Nigerian Electricity Regulatory Commission (NERC) has laid out the specifics of various electricity-related offences and their respective penalties as outlined in the 2023 Electricity Act.