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NERC To Begin Another Electricity Tariff Review - Politics - Nairaland

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NERC Mulls Another Electricity Tariffs Review / Kiki Osinbajo Pens Down Message To Her Father As He Begin Another 4 years / NERC To Begin Mass Metering On May 1 (2) (3) (4)

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NERC To Begin Another Electricity Tariff Review by iwaeda: 10:25pm On Nov 26, 2020
Nigerian Electricity Regulatory Commission (NERC) has notified the public of the second electricity tariff review this year as it called for comments within 21 days.

In a notice it published on Wednesday, the power sector regulator said the tariff review is for the Distribution Companies (DisCos), the Generation Companies (GenCos) and the Transmission Company of Nigeria (TCN).

What you should know about hike in Electricity Tariff
North is the worst place to live in Nigeria — Sultan
Daily Trust also reports that the review notice issued by the Chairman, Prof. James Momoh, would not be superintended by him as he was due to leave office yesterday, November 26, having clocked 70 years, as specified by the Electric Power Sector Reform Act 2005.


The latest tariff order referred to as the Multi Year Tariff Order (MYTO) 2020 was re-implemented on November 1, 2020 with tariffs rising by over 50 per cent for most consumers.

While that tariff will elapse by December, NERC could implement this reviewed tariff by January 2021.

The Commission considers parameters during the review such as inflation, US Dollar exchange rate to Naira, natural gas price and available generation capacity. Higher inflation and forex especially, could trigger a rise in the tariff, our analysis shows.

NERC said although the current MYTO 2020 addresses some investment recovery issues of the DisCos, there is still a gap.

“The issues presented by the DisCos in their request were, however, not fully considered by the Commission considering that no additional Capital Expenditure (CAPEX) was approved for them to meet the periodic service level commitments required to deliver energy to customers on the different service bands.”

It was learnt that the 11 DisCos have submitted their extra-ordinary tariff review proposals to NERC for the agency to add the CAPEX fund to the tariff.

“The Commission therefore intends to continue with the ongoing extra-ordinary tariff review for the DisCos in addition to the mandatory periodic minor review,” NERC confirmed.

https://dailytrust.com/nerc-to-begin-another-electricity-tariff-review

Re: NERC To Begin Another Electricity Tariff Review by phrancys001(m): 10:27pm On Nov 26, 2020
Buhari just dey cari us ball

18 Likes

Re: NERC To Begin Another Electricity Tariff Review by Acjohn(m): 10:31pm On Nov 26, 2020
I say Buhari is a failure not because of this tarrif buy what the average man in Nigeria is passing through.

Hike in petrol, gas, transport, food, the falling of the naira, insecurity and most importantly the unprecedented rise in Nigeria local and international debt.
What will Buhari do to justify all of these?
If Nigerians are giving 100k per month by government, it still won't cure the damage these have caused the system.
Hope those that voted him are enjoying what they are seeing

113 Likes 8 Shares

Re: NERC To Begin Another Electricity Tariff Review by iwaeda: 10:35pm On Nov 26, 2020
These people we need more than army to fire blanks at us Lalasticlala these people are wicked

3 Likes

Re: NERC To Begin Another Electricity Tariff Review by XXXXTENTACION: 10:58pm On Nov 26, 2020
Bomboclaat


.bloody motherfuckers at it again cool

3 Likes

Re: NERC To Begin Another Electricity Tariff Review by Nbotee(m): 11:02pm On Nov 26, 2020
Despite rise in d prices of food and commodities, d govt is still bent on hiking electricity and petrol prices. On top of how much minimum wage abeg? Please what exactly does dis govt do for it's ppl? Imagine increasing petrol and electricity prices multiple times in jus a couple of months already

22 Likes 4 Shares

Re: NERC To Begin Another Electricity Tariff Review by ojun50(m): 11:06pm On Nov 26, 2020
Make them sell dis country, my tenant still dey find am hard to pay old balance

18 Likes 1 Share

Re: NERC To Begin Another Electricity Tariff Review by babzlim(m): 11:51pm On Nov 26, 2020
Has anyone noticed how fast this pre-paid meter unit reads... God, I just cant put anything on in my house again and it still reads. This stuff is total rip off.

29 Likes

Re: NERC To Begin Another Electricity Tariff Review by TANTUMERGO007(f): 12:28am On Nov 27, 2020
God your children asked for change and you gave us changes, only God knows when the next revolution go start na airport we go first block cause no one go escape.

22 Likes

Re: NERC To Begin Another Electricity Tariff Review by helinues: 3:52am On Nov 27, 2020
Where is the light? undecided
Re: NERC To Begin Another Electricity Tariff Review by AroOkigbo(m): 4:45am On Nov 27, 2020
I hope zoneBs are immuned from all these daily increments in power and fuel prices?

22 Likes

Re: NERC To Begin Another Electricity Tariff Review by DenreleDave(m): 4:46am On Nov 27, 2020
Mad people...

1 Like

Re: NERC To Begin Another Electricity Tariff Review by flexd99(m): 4:49am On Nov 27, 2020
Tariff review issues by someone whose tenure expired yesterday?
Lol....Nigeria my country

BTW,
We're still your best vendor for UK used laptops
Contact in signature

4 Likes

Re: NERC To Begin Another Electricity Tariff Review by decuteGenius: 4:50am On Nov 27, 2020
I saw this coming. Soon we'll be using foreign currencies in our country coz everything here is worthless.

Just waiting for one stupid Minister to come and sympathise with us as though they are not the government

13 Likes

Re: NERC To Begin Another Electricity Tariff Review by DonFreshmoney(m): 4:50am On Nov 27, 2020
Wahala for those who no dey stop prepaid meter counting illegally..

They dey use the masses catch cruise, I go use them catch cruise too

2 Likes

Re: NERC To Begin Another Electricity Tariff Review by Tannhauser(m): 4:51am On Nov 27, 2020
A people deserve the government they get.

Stop selecting your leaders based on tribe or religion or other such nonsense but you folks just won't listen.

Even the so called youth are guilty of the same.

25 Likes

Re: NERC To Begin Another Electricity Tariff Review by free2ryhme: 4:51am On Nov 27, 2020

4 Likes

Re: NERC To Begin Another Electricity Tariff Review by Standing5(m): 4:55am On Nov 27, 2020
Tarrif that will be estimated due to lack of metres.
Re: NERC To Begin Another Electricity Tariff Review by Kentuforchrist(m): 4:56am On Nov 27, 2020
buhari just they use us catch cruise

2 Likes

Re: NERC To Begin Another Electricity Tariff Review by Joejonah(m): 5:02am On Nov 27, 2020
Extra ordinary suffer everyday

1 Like

Re: NERC To Begin Another Electricity Tariff Review by umarud: 5:02am On Nov 27, 2020
cool
Re: NERC To Begin Another Electricity Tariff Review by ppogba: 5:09am On Nov 27, 2020
I would not blame NERC.

If half the energy spent on END SARS has been pushed into protesting the last Elect. Tarrif hike, they would not be attempting this rubbish.

10 Likes

Re: NERC To Begin Another Electricity Tariff Review by IdJack(m): 5:09am On Nov 27, 2020
This is pure wickedness, I hope those that voted for this APC government are happy.

2 Likes

Re: NERC To Begin Another Electricity Tariff Review by huntax(m): 5:15am On Nov 27, 2020
The government have stabbed us and they keep twisting the knife despite our cries and wailing. What did we ever do to deserve Buhari and co? What good thing has this Buhari led government done for us that we'd never forget? Can someone name it?

2023 too far, abeg.

3 Likes

Re: NERC To Begin Another Electricity Tariff Review by bendike: 5:16am On Nov 27, 2020
Acjohn:
I say Buhari is a failure not because of this tarrif buy what the average man in Nigeria is passing through.

Hike in petrol, gas, transport, food, the falling of the naira, insecurity and most importantly the unprecedented rise in Nigeria local and international debt.
What will Buhari do to justify all of these?
If Nigerians are giving 100k per month by government, it still won't cure the damage these have caused the system.
Hope those that voted him are enjoying what they are seeing

"Hope those that voted him are enjoying what they are seeing"
We still support Sai baba. I always buy fuel ₦65, bag of onions ₦1k same with tomatoes. I bought bag of rice for 5k yesterday and $ for ₦1.
All you have to do to enjoy this is to Put on your bmc shirt and shout Sai baba! At the market and you then get the zombie price.

15 Likes 1 Share

Re: NERC To Begin Another Electricity Tariff Review by lexy2014: 5:16am On Nov 27, 2020
helinues:
Where is the light? undecided

Na we u de ask? I thought u had a good relationship with buhari?

6 Likes

Re: NERC To Begin Another Electricity Tariff Review by Brushstrokes20: 5:29am On Nov 27, 2020
The redundant coupist and cohorts must reap the evil fruits of the diabolic seeds they keep sowing!

1 Like

Re: NERC To Begin Another Electricity Tariff Review by Runaway: 5:29am On Nov 27, 2020
Buhari is a disgrace and total failure to humanity. His supporter are worse then him...

5 Likes

Re: NERC To Begin Another Electricity Tariff Review by GIANTPLUSHUB: 5:39am On Nov 27, 2020
Mheen
Re: NERC To Begin Another Electricity Tariff Review by Nobody: 5:47am On Nov 27, 2020
DonFreshmoney:
Wahala for those who no dey stop prepaid meter counting illegally..

They dey use the masses catch cruise, I go use them catch cruise too
Teach your boy

3 Likes

Re: NERC To Begin Another Electricity Tariff Review by donPhill(m): 5:50am On Nov 27, 2020
na this whole life don tire me self, not just NERC, govt has failed! no job, no money... life still sweet sha, i never wan think bad.

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