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NERC Grants Gencos Right To Sell Electricity Directly To Consumers - Business - Nairaland

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NERC Grants Gencos Right To Sell Electricity Directly To Consumers by masterblaster(m): 5:44am On May 20, 2017
Genco in Nigeria will be free to generate and sell electricity directly to end users across the country with a very little interference from the 11 electricity distribution companies (Discos) , the Nigerian Electricity Regulatory Commission (NERC) has declared.

The declaration, which was signed by the Minister of Power, Works and Housing, Babatunde Fashola was made known to newsmen in Abuja on Friday.

Tagged as the ‘eligible customers’ regime, the declaration, NERC said in a statement on Friday in Abuja, was signed off by the Minister of Power, Works and Housing, Mr. Babatunde Fashola.

The statement announcing this was signed by NERC’s Head of Public Affairs, Dr. Usman Arabi. It said its declaration was legally backed by the provisions of Section 27 of the Electric Power Sector Reform Act 2005 (EPSRA), adding that it represented a major policy directive which now grants electricity consumers under this category the right to buy power directly from Gencos almost unhindered.

NERC stated that under the regime, Fashola signed off four categories of eligible customers to become operative in the Nigerian Electricity Supply Industry (NESI).

The first category of eligible customers, it noted, comprises a group of end-users registered with the NERC and whose consumption is not less than two megawatts (MW) and connected to a metered 11kV or 33kV delivery point on the distribution network. This group would however be subjected to a distribution use of system agreement for the delivery of electrical energy.

More from source:http://naijaentrepreneur.com/2017/05/20/nerc-grants-gencos-right-to-sell-electricity-directly-to-consumers/

2 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by okosodo: 6:08am On May 20, 2017
Why put a useless clause? They should sell to everybody directly.

16 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by sukkot: 7:24am On May 20, 2017
wink
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by mattywealth(m): 7:24am On May 20, 2017
Total Scam

3 Likes 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Howmon: 7:25am On May 20, 2017
Nonsense, why not give individuals right to supply power to communities. I for one would like to power akowonjo and Santos layout all by myself and they can pay me for uninterrupted power on a pay as you go basis, not this nonsense they are delivering unmetered.

24 Likes 2 Shares

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by alawi5k: 7:26am On May 20, 2017
Sai Baba

4 Likes 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by walemoney007(m): 7:26am On May 20, 2017
h
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by ODIAZ(m): 7:26am On May 20, 2017
Nonsense
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Abudu2000(m): 7:27am On May 20, 2017
Smh for fashola
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Buking1: 7:27am On May 20, 2017
Very soon u will pass the back of your street only to discover that the power u hv not had in 9 month has been bought by your big olowo neighbour at the next street

13 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by GogetterMD(m): 7:27am On May 20, 2017
okosodo:
Why put a useless clause? They should sell to everybody directly.
Unfortunately this wouldn't make sense

7 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by onosprince(m): 7:27am On May 20, 2017
Minister of darkness, When are we going to get a stable power supply?

7 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by egopersonified(f): 7:28am On May 20, 2017
housing estates would be able to get this easily

15 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by free2ryhme: 7:29am On May 20, 2017
make dem like make dem sell to sango directly na their own toro be dat grin
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by mastermaestro(m): 7:30am On May 20, 2017
Trial and error regime.

3 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by hisgrace090: 7:31am On May 20, 2017
Good move!!!
If sustained our industries will smile, while new ones will follow.

3 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by chinawapz(m): 7:31am On May 20, 2017
Nigeria Govt. is confuse

2 Likes 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Nutase: 7:32am On May 20, 2017
Fashola don dey get sense. grin

11 Likes 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by takenadoh: 7:33am On May 20, 2017
I don't get the distribution talk at the end
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by HottestFire: 7:39am On May 20, 2017
Good move, manufacturers with the required wattage can enjoy this without interruption. The same experience with Nigeria Breweries

14 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by KingGBsky(m): 7:39am On May 20, 2017
Infact I do not want to hear anything concerning Nigeria electricity. anything concerning electricity in this country is a waste of time.
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by KingGBsky(m): 7:39am On May 20, 2017
Infact I do not want to hear anything concerning Nigeria electricity.
anything concerning electricity in this country is a waste of time. Infact nothing works in this country that has to do with government.

1 Like

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Partnerbiz(f): 7:40am On May 20, 2017
Good

1 Like 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Fadman4real(m): 7:41am On May 20, 2017
Buking1:
Very soon u will pass the back of your street only to discover that the power u hv not had in 9 month has been bought by your big olowo neighbour at the next street

That is exactly what happened in my former area. A company bought our light which was on 11kv. I had to leave d area cause d only thing we had was light. Bad road and poor location.

4 Likes 1 Share

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by ItalianWine(f): 7:42am On May 20, 2017
lipsrsealed
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by papaejima1: 7:42am On May 20, 2017
Why can't our leaders get just one thing right in this country?
Overseas, even individuals with solar panels can generate their own power, sell to their neighbours and feed the excess into the grid and get paid by govt.

Why can't the Gencos sell directly to everyone without passing thru the discos with their cut throat prices?

I just don't get it.
We are happy to copy from overseas only those things that will impoverish our people and never the ones to improve and better their standard of living.
sad undecided

10 Likes 2 Shares

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by davodyguy: 7:42am On May 20, 2017
Many people posting on this thread, don't even understand the message, just to be on the front page.

This makes sense for people or community.

For instance take a look at some Jakande estates in Lagos.

Isolo
Gowon
Ipaja
Ayobo

And also other parts
Lekki phase 1
Parkview Estate Ikoyi
Dolphin Estate
Osborne foreshore
Northern Foreshore
VGC
Banana Island

These estates can go to Egbin in Ijede and purchase power directly.

A 3 bedroom flat or a single family house doesn't qualify here like some people are ignorantly claiming one baba olowo can purchase power on their streets.

Industries qualifies too.
PZ
NB
Guinness
Nestle
Cadbury
Coca cola

Etc

32 Likes 2 Shares

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by kings09(m): 7:42am On May 20, 2017
Ok
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by Nobody: 7:44am On May 20, 2017
We are welcome by any form of which we Nigerians we enjoy this light .

1 Like

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by oxygen247(m): 7:45am On May 20, 2017
Remove the clause, we don't want to dance disco again, they have failed.

2 Likes

Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by exlink10(m): 7:45am On May 20, 2017
what does this mean to average Nigeria citizen?


more woes
Re: NERC Grants Gencos Right To Sell Electricity Directly To Consumers by tivta(m): 7:45am On May 20, 2017
They should make it so that streets can buy it. Not just companies or estates. Dam you.

2 Likes

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