Business Nigeria: TCN Wants NERC to Increase Electricity Tariff

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Nigeria - The Transmission Company of Nigeria (TCN) has requested for an upward review of the fees it charges for transmitting electricity from generation points to distribution points in Nigeria’s electricity supply industry, ThisDay reports.

TCN has applied to the Nigerian Electricity Regulatory Commission (NERC) to review its tariff upward to accommodate extant expenditure incurred by it in transmitting power.

In making the request to NERC, TCN claims that a number of significant changes have taken place or are expected within the years 2015 and 2016 since Multi Year Tariff Order (MYTO-2) were determined three years ago.

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#Nigeria #TCN #NERC

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