NERC Approves Increase In Electricity Tariff

NERC Approves Increase In Electricity Tariff

The eleven power Distribution Companies, DisCos, have gotten approval from the Nigerian Electricity Regulatory Commission, NERC, to slightly increase electricity tariff.

 

In a notice signed by the General Manager of one of the Distribution Companies, Mr. Olumide Anthony-Jerome, the increase in electricity tariff will take effect from September first 2021.

 

He said the increase is as a result of the nationwide mandate to implement the Service-Based Tariff approved the regulatory commission.

 

The notice further stated that the increase will be reflected on the energy bill for October, which will represent energy consumption for September 2021.