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LequteMan
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Nigeria - The National Electricity Regulatory Commission has granted power firms in the country the authority to set electricity tariff to be charged to Nigerians. The commission however says the tariff will be subject to its approval, Punch reports.
Electricity distribution companies can now set their own tariffs based on the cost of operating in their various locations, the Nigerian Electricity Regulatory Commission has said.
Although such will be subject to approval by the commission, NERC stated that the Discos would have to interface with their customers before presenting the tariffs to the regulator.
The Chairman, NERC, Dr. Sam Amadi, said this in Abuja on Wednesday at the end of the regular monthly meeting that the commission often holds with the power generation and distribution companies and the Transmission Company of Nigeria.
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#NERC #Nigeria #Electricity #Tariff #Power #SamAmadi
Electricity distribution companies can now set their own tariffs based on the cost of operating in their various locations, the Nigerian Electricity Regulatory Commission has said.
Although such will be subject to approval by the commission, NERC stated that the Discos would have to interface with their customers before presenting the tariffs to the regulator.
The Chairman, NERC, Dr. Sam Amadi, said this in Abuja on Wednesday at the end of the regular monthly meeting that the commission often holds with the power generation and distribution companies and the Transmission Company of Nigeria.
Click here to read more
#NERC #Nigeria #Electricity #Tariff #Power #SamAmadi
