The Nigerian Electricity Regulatory Commission, NERC, says on the contrary, the increase in electricity tariff does not apply to all customers.
The Commission explains that the tariff for customers on service bands D & E (customers being served less than an average of 12hrs of supply per day over a period of one month) remains frozen and subsidised in line with the policy direction of the Federal Government.
In compliance with the provisions of the Electric Power Sector Reform Act, EPRSA, and the country’s tariff methodology for biannual minor review, the rates for service bands A, B, C, D and E have been adjusted by NGN2.00 to NGN4.00 per kWhr to reflect the partial impact of inflation and movement in foreign exchange rates.
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The Commission added that any customer that has been impacted by any rate increases beyond the above provision of the tariff order should report to the Commission.
The Commission however in a memo to Ibadan Electricity Distribution company approved a minor review with effect from January 1, 2021.
(Editor: Terverr Tyav)
