The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff with effect from September 1, 2020.
This is happening after the halt of the tariff hike implementation by the National Assembly which was slated for July 1.
The National Assembly had informed the distribution companies to postpone the date to first quarter of 2021 considering the present economic situation in Nigeria.
NERC said, “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.”
For Ikeja Electric, a residential customer on single-phase receiving a minimum of 12 hours of supply will now pay N42.73 per KWh, up from N21.30 per kWh.
For Eko Electricity Distribution Company, a residential customer on single-phase receiving a minimum of 12 hours of supply will now pay N43.01 per kWh, up from N24 per kWh.
For Abuja Electricity Distribution Company, a residential customer on single-phase receiving between 12 to 16 hours of supply will now be charged N45.69 per KWh, up from N24.30 per kWh.
Kaduna Electric announced on Twitter on Monday night that non-MD receiving between 12 and 16 hours will be charged N50.10 per KWh, adding that the tariffs for customers receiving less than 12 hours had been temporarily frozen.
The new tariff is based on the hours of electricity supply available to the customers.
