January 20, 2021
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Nigeria clarifies new electricity tariff hike for certain consumers

By on January 5, 2021 0 93 Views

The Nigerian Electricity Regulatory Commission (NERC) has said that the 50 percent tariff hike effected from January 1, 2021, would be implemented for those who enjoy more than 12 hours of electricity supply in a day.

The commission in a statement on Tuesday said the tariff for customers being served less than an average of 12 hours of power supply per day over a period of one month remains frozen and subsidised in line with the policy direction of the Federal Government.

“The attention of the Commission has been drawn to publications in the print and electronic media misinforming electricity consumers that the Commission has approved a 50% increase in electricity tariffs.

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“The Commission hereby state unequivocally that no approval has been granted for a 50 percent tariff increase in the Tariff Order for electricity distribution companies which took effect on January 1, 2021.

“On the contrary, the tariff for customers on service bands D & E (customers being served less than an average of 12hrs of supply per day over a period of one month) remains frozen and subsidised in line with the policy direction of the FG.

“In compliance with the provisions of the EPSR Act and the nation’s tariff methodology for biannual minor review, the rates for service bands A, B, C, D and E have been adjusted by NGN2.00 to NGN4.00 per kWhr to reflect the partial impact of inflation & movement in forex.

“The Commission remains committed to protecting electricity consumers from failure to deliver on committed service levels under the service-based tariff regime,” NERC stated in the statement.

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