The Chairman, Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has said that the commission has not increased energy tariff for residential buildings, but has extended it to June 2015, while charges for other classes of consumers took effect from January 1, 2015.
Amadi made the explanation in Abuja on Tuesday at a news conference that the freeze in charges for residential consumers who constitute about 80 per cent of the electricity consumers is aimed at promoting the interest of consumers as well as stimulate operators to serve consumers better.
It will be recall that NERC on Dec. 23, 2014 approved the review of the Multi Year Tariff Order (MYTO) 2.1 regime with take-off date of Jan. 1 for commercial consumers.
He said the review was not expected to bring about any increase in tariff to residential customers on R2, who formed 80 per cent of electricity consumers, till June.
“Let me state upfront for the sake of clarity that NERC has not increased tariff for residential consumers for now.
“While the scheduled increase will apply to other classes of consumers from Jan. 1, it will not affect residential consumers until June 2015,”
“The freeze was designed to primarily protect and promote the interest of the consumers as well as stimulate operators to serve customers better,” he said.
He said the review was not expected to bring about any increase in tariff to residential customers on R2, who formed 80 per cent of electricity consumers, till June.
“Let me state upfront for the sake of clarity that NERC has not increased tariff for residential consumers for now.
“While the scheduled increase will apply to other classes of consumers from Jan. 1, it will not affect residential consumers until June 2015,”he said.
Amadi said the decision to begin the implementation of the residential tariff in June was to balance the legitimate demand for adequate electricity supply with new charges.
The chairman said the commission was not satisfied with the level of meter deployment by electricity distribution companies in spite of the credited advancement payment initiatives.
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