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BREAKING: Electricity tariff increase to take effect from Sept 1 – NERC, Disco

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In an unexpected move, the Nigerian Electricity Regulatory Commission has affirmed increase in electricity tariff with impact from September 1, 2020 (today).

This comes three months after the tariff climb execution scheduled for July 1 was stopped by the National Assembly, which swayed the appropriation organizations to hold the date to the primary quarter of 2021 because of the current monetary difficulties in Nigeria.

In any case, a NERC archive seen on Tuesday indicated that power customers, with the exception of those accepting under 12 hours of supply, would need to pay more for power beginning from September 1, 2020.

As per the record, the new tax depends on the long stretches of power flexibly accessible to the customers.

Customers are ordered into most extreme interest and non-greatest interest customers, as against the past classes of private, business and modern customers, with various groups (A to E) contingent upon the degree of flexibly.

For Ikeja Electric, a private customer on single stage getting at least 12 hours of supply will presently pay N42.73 per KWh, up from N21.30 per kWh.

For Eko Electricity Distribution Company, a private customer on single phase accepting at least 12 hours of supply will currently pay N43.01 per kWh, up from N24 per kWh.

For Abuja Electricity Distribution Company, a private customer on single phase getting between 12 to 16 hours of gracefully will currently be charged N45.69 per KWh, up from N24.30 per kWh.

Kaduna Electric reported on Twitter on Monday night that non-MD getting somewhere in the range of 12 and 16 hours will be charged N50.10 per KWh, including that the taxes for customers accepting under 12 hours had been incidentally solidified.

“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 said the Discos would just be permitted to charge those customers the new levies upon speculations that improve the nature of administration experience, “in this way moving customers to higher service bands or another order for the commission.”

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