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NERC
News and stories about NERC
The Ikeja Electricity Distribution Company (IE) announced that it has incorporated 19 new Band A feeders into its network following the recent decrease in electricity rates from 225/kWh to 206.80/kWh.
Ikeja Electric Distribution Company (IE) has announced the reduction of its electricity tariff for customers under Band A from N225/kWh to N206.80/kWh.
The federal government has mandated system operators in the Nigerian power industry to supply not more than 6% of total available grid generation per hour to international customers or off-takers.
The Nigerian Electricity Regulatory Commission (NERC), acting under the provisions of the Nigeria Electricity Act, has ordered the establishment of an Independent System Operator (ISO) to take over the market and system operations functions of the Transmission Company of Nigeria (TCN).
The Transmission Company of Nigeria (TCN) has stated that, contrary to popular opinion, the occurrence of National Grid collapses has decreased significantly, by 76.47% in the past five years.
The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter prices under the Meter Asset Provider (MAP) Scheme for end-user customers.
The revenue collection efficiency of 11 electricity distribution companies (Discos) reached 85.82% in February 2024, according to a report by the Nigeria Electricity Regulatory Commission (NERC).
Four practical steps to cut down on energy consumption
The Nigeria Electricity Regulatory Commission (NERC) has transferred regulatory oversight of the electricity market in Ondo state to the state’s electricity regulatory bureau.
The Federal Government has commenced the unbundling process for the 11 electricity distribution companies (DisCos) along state lines for better efficiency.
The Nigerian Electricity Regulatory Commission (NERC) has officially transferred the oversight of Ekiti State’s electricity market to the Ekiti State Electricity Regulatory Bureau (EERB).
The Nigerian Electricity Regulatory Commission (NERC) has ceded the regulatory oversight of Enugu electricity market to Enugu Electricity Regulatory Commission (EERC), which is owned by the state government.