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ELECTRICITY: NERC SCRAPS FIXED CHARGES, RAISES TARIFFS TO N10

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A typical power plant




December 22, 2015 – The Nigerian Electricity Regulatory Commission (NERC) has formerly scrapped fixed charges and increased tariffs to N8, N9.60 and N10 per unit respectively, depending on location in Lagos and Abuja.

This was as the commission announced the removal of fixed power charges for all classes of electricity consumers, stressing that power users would henceforth only pay for what they consume.
In a statement NERC said that from the next billing period, power distribution companies would no longer charge their customers monthly fixed charges.

NERC, while outlining the rates 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 commission said.

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