NERC increases electricity tariff for customers with 20-hour power supply

Electricity tariff  for customers under the Band A classification have been increased by the Nigerian Electricity Regulatory Commission.

Customers under Band A are those who enjoy 20 hours of electricity supply daily.

This was disclosed by the Vice Chairman, NERC, Musliu Oseni, while speaking at a press conference in Abuja on Wednesday.

According to him, the increase will see the customers paying N225 kilowatt per hour from the current N66.

He said customers in Band A represent a 15 per cent of the 12 million electricity customers in the country.

He added that the commission had also downgraded some customers on the Band A to Band B due to the non-fulfillment of the required hours of electricity provided by the electricity distribution company.

He said, “We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders.

“The commission has issued an order which is titled ‘April Supplementary Order’ and the commission allows a 225 kilowatt per hour.

About Correspondent

Check Also

Media Now Eligible for BoI Loans, Says Tinubu

President Bola Ahmed Tinubu has announced that media organisations in Nigeria can now access funding …

Leave a Reply

Your email address will not be published. Required fields are marked *

error: