Quite sad (but not surprising) that it’s the ‘freezer’ comment that’s totally dominated the headlines from Saturday’s electricity press briefing. There was a lot more that was said, that’s useful to know, as background and basis for conversation and debate. If you want to know what else Minister Bayo Adelabu said, I took some notes – the comments below are …

The Nigerian Electricity Regulatory Commission (NERC) has given the 11 electricity distribution companies till 11th April to refund customers wrongly billed at the new rate. The commission’s Deputy General Manager of market Competition and Rates, Mr. Abba Terab, disclosed this in a document made available to journalists on Saturday in Lagos. NERC directed the DisCoS to refund the money the …

The Nigerian Electricity Regulatory Commission (NERC) has slapped Abuja Electricity Distribution Plc (AEDC) with a fine of N200 million for failing to adhere to its tariff guidelines, and creating a stir among consumers and industry stakeholders alike. The fine comes in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on Wednesday, which AEDC has …

The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman of NERC, Musliu Oseni, said the increase will see the customers paying N225 kilowatt per hour (KW/h) from the current N66. According to The PUNCH, customers under Band A are those who enjoy 20-24 hours of …

Kaduna Electric is set to comply with the Nigerian Electricity Regulatory Commission’s (NERC) order, mandating it to refund overbilled customers. Kaduna Electric and other Distribution Companies in the country were sanctioned for noncompliance with NERC’s Capping Order, directing them to ensure unmetered customers are not billed beyond a certain threshold. According to NERC, capping is aimed at aligning the estimated …

Power distribution companies that are performing below stipulated standards in the Nigeria Electricity Supply Industry are going to lose 50 per cent of their operating expenditures, the Federal Government declared on Monday. It made the declaration through the Nigerian Electricity Regulatory Commission at the 1st NESI Stakeholders Meeting of 2024 in Lagos, stressing that the individual performances of the Discos …

The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, released the 2024 electricity tariffs which showed that the Federal Government is to shoulder about N1.6 trillion subsidy this year to avert electricity tariff hike. In the tariff review applications of the 11 power distribution companies in Nigeria, the NERC revealed what it approved as their different cost-reflective tariffs and what was …

Power distribution companies, on Sunday, denied reports of electricity tariff hike beginning from today, 1 January 2024. They said the Nigerian Electricity Regulatory Commission (NERC) had not issued any directive for such. It was reported on Sunday that power distribution companies were planning to hike electricity tariffs from 1 January 2024, a development that was neither confirmed by the NERC …

Amid the push by power sector operators for the Federal Government to end subsidies on electricity tariff, it has emerged that over seven million customers remain without electricity meters in the power sector. Without meters, customers are unable to control energy consumption and are faced with estimated bills from electricity distribution companies (DisCos). Latest data from the Nigerian Electricity Regulatory …

The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, said that the Federal Government paid a total of N135.23 billion to subsidise electricity consumption in the second quarter of 2023. This was made known in the commission’s Q2, 2023 report. NERC said that the N135.2 billion was spent by the FG to plug revenue generation shortfall in the power sector in …