“Now that the rains are coming to an end we expect some minor, not major, reduction in the production from the Hydro, and we must work now to keep all the gas stations well maintained and operational.”
Browsing: Nigerian Electricity Regulatory Commission
With the declaration and subsequent roll out of the regulation, each of the four categories of eligible customers in the electricity market now has an option: either to contract supply directly from the Generation Companies (Gencos) or to demand robust supply regime from their Discos.
He stated that energy security is a serious problem as Nigeria remains a net importer of refined products and suffers from significant power supply deficit.
Out of an 800,000 customer base, AEDC has metered 3,800 who are the largest power users and constitutes 50 percent of the revenue collection base, including the governments’ Ministries, Departments, and Agencies
The Senate resolution follows a motion by Senator Mustapha Bukar on the need for the Ministry of Power under Fashola to limit its role to general policy making.
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.
“The Commission has resolved to assiduously work towards bringing to an end the widespread practice of estimated billing through the provision of appropriate meters to all consumers.”
The report noted that innovative options were being put in place by the commission to improve status of metering and customer concerns on estimated billing in the NESI.
He said, “As we are all aware, there have been comments about how effective privatisation has been in the power sector and some people have called for its cancellation, which I disagree with.”
The Nigerian Electricity Consumers Advocacy Network (NECAN) said that any increase in the tariff would adversely affect consumers.
