Electricity Firms Kick for 100% Tariff Increase

Electricity firms in the country are pushing for a fresh 100 percent hike in electricity tariff, which would make it the second increase in just six months. The electricity distribution companies, DisCos, had in February raised tariff by over 45 percent.

The DisCos had written to the regulatory authority, the Nigerian Electricity Regulatory Commission, NERC, demanding hike in tariff from the current average of N24 per kilowatt (for residential consumers) to N50 per kilowatt, Daily Trust investigations revealed.

The NERC announced the 45 percent hike in electricity tariff with effect from February 1, 2016, and said the hike would enhance service delivery and customer satisfaction.

However, since the increment, the electricity supply across the country has dropped affecting both household and commercial activities.

A source at the NERC confirmed to Daily Trust that the DisCos had written a letter seeking for the increase, stating: “When MAN got wind of the power firms’ letter seeking for the 100 percent hike, they equally wrote a letter countering the DisCos claims.”

The spokesperson of NERC, Mike Faloseyi, when contacted on Sunday, said he was not aware of the proposed hike but promised to get back to our reporter.

 

 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here