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NERC considers increase of prepaid meters
Electricity featured

NERC considers increase of prepaid meters

Alex Omenye The Nigerian Electricity Regulatory Commission is contemplating another increase in the price of prepaid meters, responding to heightened production costs faced by manufacturers. According to reports, the regulator might allow market forces to determine meter costs instead of the current regulated pricing. Manufacturers have reportedly halted issuing invoices to Distribution Companies (Discos) in […]

FG targets 6500 megawatts power generation in six months
Electricity

NERC threatens Discos with fines for refusing to accept power

Despite the widespread blackout in Nigeria, the Nigerian Electricity Regulatory Commission has expressed worry over electricity load rejection by power distribution companies. According to The Punch, it vowed to take appropriate regulatory action against Discos that failed to reach the major performance criteria for energy offtake, emphasizing the growing gap between available power capacity and […]

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333,947 Nigerians filed metering, billing complaints – NERC

  Bisola David The Federal Government has stated that power customers filed 333,947 complaints with their various distribution companies during a three-month period regarding metering, billing, and service interruption. According to The PUNCH, it was revealed in the Nigerian Electricity Regulatory Commission’s recent third quarter report, which stated that the complaints were submitted in the months […]

NERC makes N5.63bn in 2023 Q3
Electricity

Power firms may disconnect Ajaokuta Steel over N25bn debt – NERC

The Federal Government has been informed by power distribution companies via the Nigerian Power Regulatory Commission that its facility, Ajaokuta Steel Co. Ltd, may be disconnected from the national grid if its electricity bills totaling N25bn are not paid. The warning was contained in NERC annual reports made available to journalists on Monday, according to […]

NERC makes N5.63bn in 2023 Q3
Electricity

10 power distributors now active as 17 get licenses

The Federal Government said on Tuesday that 17 Independent Electricity Distribution Networks companies had received licenses, of which 10 are now in operation. The Punch reported that this information was revealed in the Nigeria Electricity Regulatory Commission’s report on market competition for 2022, which was made public on Tuesday. This information was disclosed by the […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC increases price of electricity meters to 143k

The Nigerian Electricity Regulatory Commission has approved a price increase for prepaid power meters across the country. According to Daily Trust, the commission has issued updated tariffs for prepaid meters in a circular dated September 5, 2023, bearing the signatures of the Chairman, Sanusi Garba, and the Commissioner of Legal, Licencing, and Compliance, Dafe Akpeneye. The cost […]

Customers metres to be repaired in two days - NERC
News Tech

Customers metres to be repaired in two days – NERC

The Nigerian Electricity Regulation Commission has stated that customers who have malfunctioning electricity metres are entitled to a repair within two business days. Dr. Abdulkadir Shettima, NERC General Manager, Finance and Management Services, stated as much during a recent NERC Workshop for Civil Society Organisations and Consumer Advocacy Groups in Kano state. He was speaking […]

NERC makes N5.63bn in 2023 Q3
Electricity

NERC gives condition for DisCos to pay consumers

The Nigerian Electricity Regulatory Commission has made a case for electricity consumers who get poor service delivery from their Distribution Companies.   It said that electricity consumers can get compensation for poor service delivery when the distribution company they are connected to fails to provide 90 per cent of electricity hours due to them in […]

FG targets 6500 megawatts power generation in six months
Electricity

Only 53% electricity capacity is utilized in Nigeria – NERC

The Nigerian Electricity Regulatory Commission has stated that just 53% of the country’s available electricity capacity is being used. According to The Guardian, this was announced on Wednesday by the Vice Chairman and Commissioner of Market, Competition, and Rates at NERC, Musiliu O. Oseni. Oseni made the announcement during his address to attendees at the NERC’s Stakeholder Workshop on […]

Unresolved customer complaints against DISCOs disheartening, says FCCPCC boss
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NERC yet to give directive on electricity tariff hike – IBEDC

  By Wilson Adekumola The Ibadan Electricity Distribution Company has disclosed that Nigerian Electricity Regulation Commission has not given a directive on the new electricity tariff earlier scheduled to commence on July 1. The Public Relations Officer of IBEDC, Ms Busolami Tunwase, made this disclosure while speaking with the News Agency of Nigeria in Ibadan […]

FG owes N100bn electricity bill debt - Distributors
Electricity

New electricity tariff to begin July 1 — Report

Electricity tariff is set to increase by over 40 per cent in the coming days, a development which may eventually end all forms of energy subsidy in the country.   According to Guardian, the hike is expected to kick off from July 1, in spite of the government’s monthly subsidy of about N50 billion in […]

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