#smiles# Nigerians to pay for only the power they consume as NERC releases new electriity tariff

Nigerians will henceforth pay for only the power
they consume as the new electricity tariff
released by the Nigerian Electricity Regulatory
Commission (NERC) has removed fixed electricity
charges that has constantly caused discrepancies
in the billing system of meters in most Nigerian
homes.
This recent development is contained in a
statement released by Sam Amadi, chairman of
NERC today December 21st.
“Although, the new tariff regimes comes
with an increase in energy charges, all
electricity consumers (residential as well as
commercial) will no longer pay fixed
charges, so their total bills will depend on
the electricity they actually consume and
may be reduced when they conserve
electricity. This is in line with NERC’s
mandate to be fair in all its regulatory
interventions. Consumers will no longer be
spending money every month to pay for
fixed charges even when they do not
receive electricity in their homes and
business. The objective of the new tariff is
to enable prudent consumers to save
money on electricity bill as they can now
control their consumption and not pay
monthly fixed charges. For instance,
residential customer classification (R2) in
Abuja Electricity Distribution Company will
no longer pay N702.00 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.
00 fixed charges. They will be getting N10
and N8 increase respectively in their energy
charges. Similarly, the burden of N800.00
and N750.00 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
new tariff is also good news for
commercial consumers For example,
commercial customers’ classification C2 in
Ibadan and Enugu will no longer pay fixed
charges of N17, 010. 00 and N22, 141. 00.
Their energy charge will increase by N12.08
and N13.35 respectively. In line with the
transparent disposition to its operations full
details of the new tariff regime would be
advertised in major national dailies and
commission website within the next 24
hours.”the statement read