Friday 27 March 2015

Nigeria: Electricity tariff cut not for residential consumers; to expect increament – NERC

The Nigerian Electricity Regulatory Commission on Thursday declared that most residential customers would not enjoy the benefits of the recent cut in electricity tariff.

According to the commission, most residential electricity consumers in the R1 and R2 categories did not experience any increase in tariff when electricity rates were hiked on January 1, 2015.

It said the increase on the first day of the year only affected industrial, commercial and high-end residential consumers, stressing that most people in the R1 and R2 categories would begin to pay increased tariffs from July 1, 2015.

The Chairman, NERC, Dr. Sam Amadi, gave the clarification at a meeting with members of the Electricity Consumer Association of Nigeria.

NERC had two weeks ago announced the reduction in tariff by 50 per cent following what it called “bombardment of complaints” from customers who decried the increase that was announced earlier this year.

The NERC boss stated that the tariff reduction for the industrial, commercial and high-end residential electricity customers (R3 consumers), would become effective from this month.

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