Browsing: electricity tariff increase

NERC explained that the actual tariff for one kilowatt-hour of power is meant to be N51, as against the current unit cost of N31.58 for which electricity distribution companies are selling the commodity.

He added that, “NERC has to balance those requirements against the desire of all of us to pay as little as possible for electricity. The fact of the matter is that if we want electricity to improve, we have to habituate ourselves to pay what it cost.”