FG introduces new electricity tariff

The federal government through the Nigerian Electricity Regulatory Commission (NERC) has increased the tariff payable by electricity consumers across the country.

In a document released by NERC on Wednesday in Abuja, the new tariff is expected to take effect from 2020 with consumers paying additional sum of between N8 and 14 for every kilowatt-hour of energy provided by their respective distribution companies.

Information contained in the NERC documents show that the tariff increase for each DisCo differs.

It was learnt that the difference between what Abuja DisCo’s (AEDC) customers pay currently and what will be paid from next year is an increase of N9.8/kWh.

Similarly, for Benin DisCo (BEDC), the difference between what is currently being paid and the new tariff from next year is an increase of N9.75/kWh.

For Eko DisCo, the end-user allowed tariff from 2017 to 2019 per kWh was N28.3 in each of the years, while those of 2020 and 2021 were put at N36.8 and N39.2. The difference between what Eko DisCo’s customers pay currently and what they will pay from next year is an increase of N8.5/kWh.

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