New Electricity tariff regime takes off

The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff with effect from today, Tuesday, September 1, 2020.

The NERC’s approval comes as a surprise after the initial attempt to increase the cost of electricity in July was stopped by the National Assembly.

A NERC document seen by some reporters shows that electricity customers who receive less than twelve hours of supply would have to pay more.

However; the new charges do not apply to customers who get less than twelve-hour supply of electricity per day over a period of one month.

NERC said electricity distribution companies would only be allowed to charge the new rates on such customers upon improvement in the quality of service.

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