National Electricity Regulatory Commisson released new billing tariff and removal of monthly fixed charges

Nigerian Electricity Regulatory Commission has finally
released the new power tariff regime, in which it outlined the
various rates of increase in energy charges for consumers
across the country.
It also announced the removal fixed electricity charges for all
classes of electricity consumers and noted that power users
would only pay for what they consume.
About two weeks ago, the Minister of Power, Works and
Housing, Babatunde Fashola, revealed that electricity tariffs
would increase and urged consumers to comply with respect
to paying their bills, as he promised that the sector would
record considerable improvement thereafter.
Confirming the tariffs increase on Monday, NERC stated that
henceforth, from the next billing period, power distribution
companies would no longer charge their customers monthly
fixed charges.
Fixed charge is that component of the tariff that commits
electricity consumers to paying an approved amount of
money not minding whether electricity is consumed during
the billing period.
Outlining the rates of increase in tariffs for various customer
classes in selected locations across the country, NERC said,
“For instance, residential customer classification (R2) in
Abuja Electricity Distribution Company will no longer
pay N702 fixed charge every month. Their energy charge
will increase by N9.60.
“Also, residential customers (R2 customers) in Eko and Ikeja
electricity distribution areas will no longer pay N750 fixed
charges. They will be getting N10 and N8 increase
respectively in their energy charges. Similarly, the burden of
N800 and N750 fixed charges would be lifted off the
shoulders of Kaduna and Benin electricity consumers. These
consumers will see an increase of N11.05 and N9.26
respectively in their energy charges.”
This comes less than a week after the House of
Representatives asked NERC to stop plans to increase
electricity tarrif Nigerian Electricity Regulatory Commission has finally
released the new power tariff regime, in which it outlined the
various rates of increase in energy charges for consumers
across the country.
It also announced the removal fixed electricity charges for all
classes of electricity consumers and noted that power users
would only pay for what they consume.
About two weeks ago, the Minister of Power, Works and
Housing, Babatunde Fashola, revealed that electricity tariffs
would increase and urged consumers to comply with respect
to paying their bills, as he promised that the sector would
record considerable improvement thereafter.
Confirming the tariffs increase on Monday, NERC stated that
henceforth, from the next billing period, power distribution
companies would no longer charge their customers monthly
fixed charges.
Fixed charge is that component of the tariff that commits
electricity consumers to paying an approved amount of
money not minding whether electricity is consumed during
the billing period.
Outlining the rates of increase in tariffs for various customer
classes in selected locations across the country, NERC said,
“For instance, residential customer classification (R2) in
Abuja Electricity Distribution Company will no longer
pay N702 fixed charge every month. Their energy charge
will increase by N9.60.
“Also, residential customers (R2 customers) in Eko and Ikeja
electricity distribution areas will no longer pay N750 fixed
charges. They will be getting N10 and N8 increase
respectively in their energy charges. Similarly, the burden of
N800 and N750 fixed charges would be lifted off the
shoulders of Kaduna and Benin electricity consumers. These
consumers will see an increase of N11.05 and N9.26
respectively in their energy charges.”
This comes less than a week after the House of
Representatives asked NERC to stop plans to increase
electricity tarrifs.
s. Update on www.punc Nigerian Electricity Regulatory Commission has finally
released the new power tariff regime, in which it outlined the
various rates of increase in energy charges for consumers
across the country.
It also announced the removal fixed electricity charges for all
classes of electricity consumers and noted that power users
would only pay for what they consume.
About two weeks ago, the Minister of Power, Works and
Housing, Babatunde Fashola, revealed that electricity tariffs
would increase and urged consumers to comply with respect
to paying their bills, as he promised that the sector would
record considerable improvement thereafter.
Confirming the tariffs increase on Monday, NERC stated that
henceforth, from the next billing period, power distribution
companies would no longer charge their customers monthly
fixed charges.
Fixed charge is that component of the tariff that commits
electricity consumers to paying an approved amount of
money not minding whether electricity is consumed during
the billing period.
Outlining the rates of increase in tariffs for various customer
classes in selected locations across the country, NERC said,
“For instance, residential customer classification (R2) in
Abuja Electricity Distribution Company will no longer
pay N702 fixed charge every month. Their energy charge
will increase by N9.60.
“Also, residential customers (R2 customers) in Eko and Ikeja
electricity distribution areas will no longer pay N750 fixed
charges. They will be getting N10 and N8 increase
respectively in their energy charges. Similarly, the burden of
N800 and N750 fixed charges would be lifted off the
shoulders of Kaduna and Benin electricity consumers. These
consumers will see an increase of N11.05 and N9.26
respectively in their energy charges.”
This comes less than a week after the House of
Representatives asked NERC to stop plans to increase
electricity tarrifs.
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