NERC approves increase in electricity tariff

By Ibrahim Adeleke

The Nigerian Electricity Regulatory Commission (NERC) has approved requests by some Electricity Distribution Companies (DisCos) to increase their tariff rates.

The DisCos include: Port Harcourt Electricity Distribution Company (PHEDC); Jos Electricity Distribution Company (JEDC); Kano Electricity Distribution Company (KEDC); Kaduna Electricity Distribution Company (KEDC); Jos Electricity Distribution Company (JEDC); Ikeja Electricity Distribution Company (IKEDC) and Ibadan Electricity Distribution Company (IBEDC).

AN24TV gathered that the new approval took effect from January 1, 2022 but the new rate is from February 2022.

The commission noted that the indices with potential impact on electricity rates were considered.

This was contained in the commission’s Order No: NERC/304/2021, which was signed by the chairman, Sanusi Garba and Vice Chairman Musiliu Oseni on 29th December, 2021.

The document showed that for the PHED (A-Non MD) customers who paid N56.16/kwh in January 2022 will now (pay N60.67/kwh).