NERC Increases Electricity Tariff..Pay Only What You Consume

                                     

The Nigerian Electricity Regulatory Commission has released the new electricity tariff regime,disclosing the increase in energy charges across the country.it also remove the fixed rate charge for all class of consumers,user will from the next billing period only pay for what they use,and the fixed rate which is a charge levied on consumers not minding if they electricity is consumed within that period or not.

Outlining the increase in tariff in selected part of the country  NERC said, “For instance, residential customer classification (R2) in Abuja Electricity Distribution Company will no longer pay N702 fixed charge every month. Their energy charge will increase by N9.60.

“Also, residential customers (R2 customers) in Eko and Ikeja electricity distribution areas will no longer pay N750 fixed charges. They will be getting N10 and N8 increase respectively in their energy charges. Similarly, the burden of N800 and N750 fixed charges would be lifted off the shoulders of Kaduna and Benin electricity consumers. These consumers will see an increase of N11.05 and N9.26 respectively in their energy charges.”

The announcement today is the actualization of the promise by the minister of works housing and Power Babatunde Fashola two week ago  that electricity tariffs would increase,but urged consumers to comply with respect to paying their bills, as he promised that the sector would record considerable improvement thereafter.