LAGOS MAY 29TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) has moved to enforce compensation to electricity consumers for the under-supply of power to their homes and businesses with effect from July. This follows several complaints by energy consumers that the Service-Based Tariff (SBT), which has led to a huge increase in electricity bills paid by…
LAGOS MAY 19TH *NEWSRANGERS)-Nigerian Electricity Regulatory Commission (NERC) has ordered Ibadan Electricity Distribution Company (IBEDC) to write-off accumulated billings for all communities on Lalupon/Iwo Road electricity feeder in Ibadan, up till November 2020. NERC Chairman, Olayiwola Oyelade, gave the order on Tuesday while deliberating on a case brought before the commission by the affected communities….
LAGOS APRIL 27TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission (NERC) says it will introduce another tariff review for the 11 distribution companies (DisCos) in the country. In a notice posted on its website on Monday, the NERC said the extraordinary tariff review is as a result of changes in inflation, foreign exchange, gas prices, available generation…
LAGOS FEBRUARY 22ND (NEWSRANGERS)-The Federal Competition and Consumer Protection Commission (FCCPC) says it will commence enforcement of the Nigerian Electricity Regulatory Commission (NERC) billing cap order to ensure effective consumer protection. Mr Babatunde Irukera, the Executive Vice Chairman of the commission, stated this in Abuja, that the move was a more strategic approach toward intervening…
LAGOS JANUARY 7TH (NEWSRANGERS)-The Minister of Power, Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies(DISCOs) to revert to tariffs that were applicable in Dec. 2020. Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja on…
LAGOS JANUARY 7TH (NEWSRANGERS)-The announcement by the Nigerian Electricity Regulatory Commission (NERC), that Nigerians will witness another hike in electricity tariffs, without any corresponding improvement in power supply to justify such an increase, is outright provocation and unfair to Nigerians who are being compelled to pay more for darkness. A revised Multi Year Tariff Order…
LAGOS DECEMBER 6TH (NEWSRANGERS)-There is confusion among electricity consumers and distribution companies over a fresh hike in electricity tariff. On Tuesday, a report by a national daily emerged saying that the Nigerian Electricity Regulatory Commission (NERC) has approved over 50 per cent hike in electricity tariff payable by customers of the 11 distribution companies (Discos)….
LAGOS MARCH 3RD (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission, NERC, has outlined a new methodology expected to be deployed by the utility companies in billing unmetered customers under the R2 (Residential) and C1 (Commercial) categories. The R2 and C1 consumers are those using the single and 3-phase meters. In a document titled ‘Order on Capping of…