project change9ja

The Nigerian Electricity Regulatory Commission has finally released the new power tariff regime, in which it outlined the various rates of increase in energy charges for consumers across the country. It also announced the removal fixed electricity charges for all classes of electricity consumers and noted that power users would only pay for what they consume. Confirming the tariffs increase on Monday, NERC stated that henceforth, from the next billing period, power distribution companies would no longer charge their customers monthly fixed charges. Fixed charge is that component of the tariff that commits electricity consumers to paying an approved amount of money not minding whether electricity is consumed during the billing period. Outlining the rates of increase in tariffs for various customer classes in selected locations across the country, NERC said, “For instance, residential customer classification (R2) in Abuja Electricity Distribution Company wi...

The Minister of Power, Babatunde Fashola has said that the sixth turbine belonging to Egbin Power Plc will come on stream in January, next year, bringing the total electricity megawatts to be generated by the plant to 1,320mw. At the moment five of the six turbines generate about 1,100MW, but with the rehabilitation work on the sixth turbine billed for completion next month, the plant would be generating 1,320 megawatts of electricity. Fashola revealed this during a meeting with the owners of power plants, concerned individuals and groups, also said works were in advance stage to repair the transformer used in powering the sixth turbine. The Minister also added that this idea indicated hope for consumers that have been experienced poor power supply. According to him, power is a critical infrastructure, which the administration of President Buhari has promised to fix alongside others.