New electric tariff starts today


Under the new tariff an­nounced by NERC in December 20,2015, R2 cus­tomers covered by the Abuja Electricity Distribution Company (AEDC) who cur­rently pay N13.91 per kilo­watt-hour (kWh) will witness an increase by N9.60.
Consumers under the Eko and Ikeja electricity distribu­tion areas who currently pay N12.87kWh and N13.61 kWh respectively will wit­ness a N10 and N8 increase respectively in their energy charges.
Electricity consumers cov­ered by Kaduna and Benin Discos who currently pay N16.90 kWh and N12.54 kWh will witness an increase of N11.05 and N9.26 respec­tively in their energy charges.
For commercial consum­ers in Ibadan and Enugu who currently pay N25.18 kWh and N24.01 kWh respec­tively, their energy charges will increase by N12.08 and N13.35 respectively. But the Executive Director, Research and Advocacy, Association of Nigerian Electricity Dis­tributors (ANED), Mr. Sun­day Oduntan, explained at the weekend that power sec­tor growth would have re­mained elusive under the old tariff structure.
He said that the old tariff was not cost reflective, hence the operations of the Discos were almost grinding to a halt before the intervention of NERC with the new tariff structure, which, he said, was the only way to ensure that they remained in business.


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