Electricity tariff: Anxiety mounts as 11 DisCos file fresh application - NEWS FRONTIER DAILY


Friday, July 14, 2023

Electricity tariff: Anxiety mounts as 11 DisCos file fresh application

There was anxiety among consumers of electricity, yesterday, when it became obvious that the 11 Electricity Distribution Companies, DisCos, have applied for an increase in Nigeria’s electricity tariff.

The tariff review earlier scheduled to start on July 1, 2023, did not commence and there was no official explanation.

However, the fresh application has already been received by the Nigerian Electricity Regulatory Commission, NERC, which plays a regulatory role in the power sector.

The DisCos' application that aims at getting approval from NERC would be reviewed and subjected to a public hearing before approval.

In a notice obtained from its website, NERC, stated: “Pursuant to Section 116 (1) and 2(a&b) of the Electricity Act 2023 and other extant rules, the eleven (11) successor electricity distribution companies (“DisCos”) have filed an application for rate review with the Nigerian Electricity Regulatory Commission (“NERC” or the “Commission”).

“The request for rate review is premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies.

“Accordingly, the Commission hereby invites the general public for comments on the rate review applications by the distribution licensees. Interested stakeholders are advised to review and take into consideration the excerpts of the Rate Review Applications filed with the Commission by the respective licensees. The applications can be accessed on the Commission’s website at www.nerc.gov.ng.

“As part of the rule-making process and in the exercise of the powers conferred by the Electricity Act, the Commission shall conduct a Rate Case Hearing on the applications prior to making a ruling.

“Any person wishing to participate in the proceedings as an intervenor should forward his/her application to [email protected] before close of business on 20th July 2023. The Request to participate shall include an explanation of the person’s interest in the proceeding and how the party would be affected by the outcome of the Application; and a description of the party’s concerns, observations comments and/or objections to the application.

“All members of the public and stakeholders are encouraged to send their comments or representations before the close of business on 20th July 2023.”

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