NERC Archives - National Wire

Lagos Now In Control Of Its Electricity Market As NERC Transfers Regulation To LASERC

December 21, 2024 0

In a groundbreaking development for Nigeria's electricity sector, Lagos State has officially taken control of its electricity market following the transfer of regulatory oversight from the Nigerian Electricity Regulatory Commission (NERC) to the Lagos State Electricity Regulatory Commission (LASERC).

FG Hikes Electricity Tariff From N68/KwH To N225

April 3, 2024 0

The Federal Government through Nigerian Electricity Regulatory Commission, NERC, has approved an increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This is a 300 percent hike and takes effect from April 1, 2024.

Energy Consumers In Panic Buying Over Possible Tariff Hike

June 30, 2023 0

Despite the Federal Government’s response to claims of a purported electricity tariff increment on July 1, Nigerians have continued the panic buying of electric units. Responding to an enquiry on Monday concerning electricity tariff increments by Electricity Distribution Companies, DisCos, the Nigerian Electricity Regulatory Commission (NERC) said there is yet to be an approval. The Assistant General Manager, Public Affairs …

NERC Sets Date For ‘No Electricity Meter, No Disconnection’ Policy

June 9, 2020 0

The Nigerian Electricity Regulatory Commission (NERC) on Tuesday announced its intention to enforce its decision of ensuring customers not given electricity meters are not disconnected from electricity supply grid.

NERC Puts Limits On Discos’ Estimated Billing

February 25, 2020 0

The Nigerian Electricity Regulatory Commission has placed limits on estimated bills that can be issued by electricity distribution companies to unmetered customers.

No Disco Should Force Customers To Install Facility – NERC

January 25, 2020 0

The Nigerian Electricity Regulatory Commission NERC on Friday condemned the ongoing practice of some electricity distribution companies forcing customers to invest in the replacement of distribution infrastructure such as transformers and cables as a condition for restoration of electricity supply.

NERC Says You Can Get Prepaid Meters And Pay Later

July 19, 2019 0

The Nigerian Electricity Regulatory Commission (NERC) says electricity customers will be allowed to get prepaid meters and pay later.

NERC Says Nigerians To Pay Between N36,000 And N67,000 For Electricity Meters

April 8, 2019 0

The Nigerian Electricity Regulatory Commission (NERC) says going forward, Nigerians would pay between N36, 991.50 and N67, 055.85 to get

NERC Records 41% Rise In Power Investors’ Payments For Operational Permits

January 14, 2019 0

The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or renew the licences they held in Nigeria’s power market. This is coming as the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has denied disrupting the execution of contracts for the …

NERC: Gas Shortage Contributed 74% Of Power Sector Limitations

November 13, 2018 0

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that a larger part of the constraints experienced in the country’s electricity sector in the first quarter (Q1) of 2018, was contributed by shortage of gas to power generation companies (Gencos). The NERC in its Q1 2018 quarterly report of activities in the sector, explained that 74 per cent of the operational …