Electricity distribution companies (DisCos) across the country have began the implementation of a new electricity tariff regime approved by the Federal Government.
The DisCos had on Monday notified their customers of the commencement of the new charges following a directive from the Nigerian Electricity Regulatory Commission (NERC) for DisCos to maintain a N4 tariff for all customers consuming less than 50kWh of energy per month.
NERC said the electricity tariff reviews will only follow service-based principles and prior consultation with customers.
James Momoh, Chairman of the Nigerian Electricity Regulatory Commission (NERC), had said in a statement that under these service-based principles, DISCOs will only be able to increase tariff rates for customers when they consult with customers, commit to increasing the number of hours of supply per day and quality of service.
“In all cases, poor and vulnerable Nigerians will not experience any increase,”
“In line with these expectations, DISCOs are directed to engage with their customers on a Service-Based Tariff structure.”, the statement said.
