Browsing: Nigerian Electricity Regulatory Commission

“We are concerned by the quantum of public outcry over the continuous increase in the unit price of electricity set under this new tariff regime. This is in spite of the N213 billion Nigerian Electricity Market Stabilization Fund provided by the Federal government as subsidy to the industry operators.

“It is important that we state that there is no more interested party in the comprehensive metering of our electricity consumers than the Discos. It is our hope and expectation that such metering will be achieved sooner rather than later.”

He said, “Since the takeover, we have not billed them beyond 80 percent of the electricity supplied to us by the Market Operator. For instance, from January to December 2015, we received 3578Gwh of electricity but the energy billed within the same period is 2865Gwh, thereby showing a billing efficiency of 80 per cent.”