Energy Briefs
IKEJA Electric has said that it has fully complied with the order from the Nigerian Electricity Regulatory Commission, NERC, to suspend the new Service Reflective Tariff, SRT, for the next two weeks. The electricity distribution company confirmed the development in a public notice to its customers posted on its official Twitter account on Thursday.
The Disco said: “Dear Esteemed customers, this is to inform you that we have fully complied with the order from the NERC to suspend the new Service Reflective Tariff, SRT, for the next two weeks. Within this period, the tariffs for all customers shall be based on rates applicable as at August 31,” it said.
Realnews reports that NERC had on Wednesday ordered the 11 electricity distribution companies to suspend the Sept. 1 tariff increment. The commission’s suspension order of the Multi-Year Tariff Order, MYTO, 2020 signed by Prof. James Momoh, chairman, NERC, was released on its website.
The suspension followed a joint communiqué issued by the federal government and the labour unions. The federal government agreed that the recent review in electricity tariffs would be suspended by the commission for a period of 14 days for further consultations that would lead to final negotiations between the parties.
The order by NERC said that from September 28 to October 11, the Discos must revert all charges to the tariff existing as of August 31. “This means that for the next two weeks, electricity consumers having power above 12 hours, who were affected by the over 100 percent tariff hike would revert to their old charges.”
It said as empowered by Section 33 of the Electric Power Sector Reform Act (EPSRA) 2005, Sale Mamman, minister of power, could issue such a directive to the NERC.
– Oct. 3, 2020 @ 11:29 GMT |
Tags: Ikeja Electric suspends new electricity tariff
