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Fearing Backlash, Eko Electricity Distribution company backpedals on tarrif increase

Last updated: August 28, 2021 5:57 pm
4 years ago
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1 Min Read
Eko

The Nigerian Electricity Regulatory Commission , NERC , has directed the 11 Electricity Distribution Companies, DisCos , to increase their tariff effect from 1st September 2021.

A memo sent to Eko Distribution company customers, titled:”023/EKEDP/GMCLR/0025/2021, dated 25th August 2021 sighted by ait.live at the weekend indicate  that the Regulatory body NERC has given the energy distributors the leverage to charge a service-based tariff in its letter titled “Tariff
Increase Notification”.

Also Read: Federal Govt. re-opens Eko Bridge after a 10 week rehabilitation

However, the Distribution company,has denied the planned increase in electricity tariff in another memo.

The MD of Eko Distribution company in a statement said they will continue to review effective and regulatory strategies to manage the impact of changes to the micro economic indices affecting  end users tarrif.

Editor: Abaje Usekwe)

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