Taking a turn of surprise, the Nigerian Electricity Regulatory Commission has approved the incraease in electricity tariff in the country, which will take effect from September 1, 2020.
This new development comes barely after three months when the tariff hike implementation set for July 1 was put on hold by the National Assembly, due to the current economic challenges in Nigeria.
However, in a NERC document seen by CRIMECHANNELS on Tuesday, it showed that electricity customers, except those who receive less than 12 hours of supply, would have to pay more for electricity starting from September 1, 2020.
According to the document, the new tariff is based on the hours of electricity supply available to the customers.
For Ikeja Electric, a residential customer on single-phase receiving a minimum of 12 hours of supply will now pay N42.73 per KWh, up from N21.30 per kWh.
For Eko Electricity Distribution Company, a residential customer on single-phase receiving a minimum of 12 hours of supply will now pay N43.01 per kWh, up from N24 per kWh.
For Abuja Electricity Distribution Company, a residential customer on single-phase receiving between 12 to 16 hours of supply will now be charged N45.69 per KWh, up from N24.30 per kWh.
Kaduna Electric announced through it’s Twitter handle on Monday night that non-MD receiving between 12 and 16 hours will be charged N50.10 per KWh, adding that the tariffs for customers receiving less than 12 hours had been temporarily frozen.
“Following consultations and directions on tariff policy, the Commission hereby approves a deferment of the applicable tariffs for customers in service bands D and E (that is customers with a service commitment of less than an average of 12 hours supply per day over a period of one month) for the period September 1, 2020 to January 1, 2021,” NERC said.
It further added that the Discos would only be allowed to charge customers the new tariffs upon investments that improve the quality of service experience.
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