Tariff review ongoing, enumerating more customers to reduce bills - NERC
The Nigerian Electricity Regulatory Commission (NERC) said the ongoing review of the minor electricity tariff to determine a rise or fall in what customers pay for power will be completed by month’s end.
Chairman of NERC, Professor James Momoh, said the Commission was considering many factors in reviewing the tariff to ensure it is fair.
“There is also the Gross Domestic Product (GDP) level of the country, population growth among others. These factors form the input in order to determine the cost of the tariff,” Momoh noted.
Momoh assured that with the enumeration being done by the DisCos to capture more customers under their networks along with other factors being considered by NERC such as reduction in ATC&C, and energy theft, the cost of electricity for DisCos customers could reduce.
Daily Trust Saturday reports that Abuja Electricity Distribution Company (AEDC) on Thursday said it had increased its customer base by about 50 per cent from slightly 500,000 when it took over in 2013 to 1.03 million this year. Along with other DisCos, the enumeration exercise to capture more customers on their record was ongoing at press time.