OpeOluwani Akintayo Lagos — Ikeja Electric Plc says it has commenced implementation of the revised Service Reflective Tariff, SRT, as approved…
Browsing: Nigeria Electricity Supply Industry
It noted that, “There are no free meters under the current tariff regime as all customers, including those on estimated billing, currently, pay for a return on the investment made by electricity distribution companies on meters in their networks.”
According to him, this situation has hampered the industry from meeting the statutory obligations of providing cheap, clean and efficient source of energy to the electrical loads, and as a result of this, national development has been seriously slowed down.
The country’s electricity generation had fluctuated between 3,500mw and 4,500mw in the last few months before the latest development.
The System Operator (SO) of the Transmission Company of Nigeria (TCN) noted that were there no constraints, the electricity market would have supplied 7,562Mw to distribution companies (Discos) but the gas and line challenges keep holding down the power sector.
Oscarline Onwuemenyi 11 April 2016, Sweetcrude, Abuja – The Abuja Electricity Distribution Company (AEDC) has explained that the recent drop…