Home Business Electricity tariff: NERC plans another review

Electricity tariff: NERC plans another review

by Kunle Awosiyan
Power grid

The Nigerian Electricity Regulatory Commission on Monday announced that another tariff review for Nigeria’s ELEVEN power distribution companies would hold in July.

It disclosed this in its notice of Minor and Extraordinary Review of Tariffs for Electricity Transmission and Distribution Companies,

The commission explained that the extraordinary tariff review was as a result of changes in inflation, foreign exchange, gas prices, available generation capacity and capital expenditure.

It said the Multi Year Tariff Order provided for minor reviews in every six months and major reviews in every five years.

 

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