Tuesday, 27 November 2012

New electricity tariff coming soon – NERC

The Nigerian Electricity Regulatory Commission, NERC, has announced impending review of the newly deployed Multi-Year Tariff Order, MYTO.
It said this was necessary following a series of complaints from electricity consumers, especially Small and Medium Enterprises, about high fixed fee they must pay every month irrespective of the power situation within any particular month.
Executive Commissioner, Government and Consumer Affairs at the NERC, Dr. Abba Ibrahim, confirmed this to newsmen. Abba said having received the complaints, the commission had put a process in motion to resolve the complaints of the SMEs, adding that the new tariff regime provided for review mechanism in case of such complaints.
He also insisted that the distribution companies across the country must provide meters to all customers in the next 13 months as ordered by the regulatory agency in June.

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