Acting Chairman of the Nigerian Electricity Regulatory Commission, Dr. Anthony Akah, has insisted that the new tariff plans for electricity consumers across the country will take effect on Monday, saying that the new tariff structure will enable the power distribution, generation and transmission companies to acquire needed infrastructure.
Akah said the absence of cost-reflective tariffs had impeded the electricity companies from acquiring the necessary infrastructure, adding that there wouldn’t be an excuse for not delivering with the new tariffs made available.
He added that the new Multi-Year Order would allow the generating, transmission and distribution companies to provide the needed infrastructure for higher generation and supply of electricity to meet the needs of consumers.
Also all premises must be metered and consumers who subscribe to specific metering models must be supplied meters within 60 days after which they would not be disconnected or charged on estimation if a meter was not supplied.
The Chairman added that the Power Consumer Assistance Fund had been would cater for the electricity needs of the less-privileged in the country, adding that the visit was part of the establishment of a coordinated approach to creating public awareness ahead of the February 1 implementation date of the new MYTO.
RT @BizWatchNigeria: No Going Back on Implementation of New Electricity Tariffs – NERC – https://t.co/M2kcUIXgY7 https://t.co/o7fBjshXva