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Showing posts with label tariff September 1st. Show all posts
Showing posts with label tariff September 1st. Show all posts

Sunday, 29 August 2021

Again! DisCos receive NERC approval to increase tariff September 1st, EKEDP disowns increase notice | AgegePulse Magazine


By Ayodele Ifasakin


The Nigerian Electricity Regulatory Commission (NERC) has ordered the 11 electricity distribution companies (DisCos) to increase their tariffs beginning September 1, 2021.



The commission in a letter titled ‘Tariff Increase Notification’ gave the energy distributors the leverage to charge a service based tariff.


However, Eko Electricity Distribution Plc has denied giving out information regarding hiking its tariff.


“Our attention has been brought to rumors making the rounds in the media from unconfirmed sources of a proposed adjustment in power tariffs,” the organization said in a statement signed by the MD, Engr. Adeoye Fadeyibi FNSE.


"Eko Electricity Distribution Plc would like to advise the general public to avoid any such reports that do not come from the company's management or its website, www.ekedp.com.


“While we continue to review effective and regulatory strategies to manage the impact of changes to macro-economic indices affecting end-user tariffs, the general public will be duly informed, in the event of any changes to the end-user tariff. We advise all customers to disregard all communications that have not been issued by management or published on the company’s website www.ekedp.com. Please kindly contact our 24/7 customer care line on 07080655555, OR customercare@ekedp.com for further information for enquiries and a prompt resolution of any further queries or complaints.”


Meanwhile, the Association of Nigerian Power Distributors (ANED) has denied accusations that Distribution Companies (DisCos) pressured the Nigerian Electricity Regulatory Commission (NERC) to halt electricity trading under the Eligible Customer Regulation (ECR) 2017.


ANED Executive Director, Research & Advocacy, Sunday Oduntan, made this known in a rejoinder yesterday.


He said: “Whilst the concerns of the author and the stakeholders behind the publication are misplaced and unfounded, we found it compelling to set the records straight on the issues brought forward in the said publication.”


The DisCos also said they recognize the relevant provisions of the ESPRA 2005 and the ECR as well as their objectives, noting that there has been improvement in DisCos’ performance with more collaborations to increase efficiencies of the DisCos and indeed the entire value chain to achieve clean, safe and uninterrupted power supply to Nigerians


The DisCos also stated that they are aware of the relevant provisions of the ESPRA 2005 and the ECR, as well as their objectives, noting that their performance has improved with more collaborations to increase efficiencies of the DisCos and indeed the entire value chain in order to provide Nigerians with clean, safe, and uninterrupted power.

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