Discos backtrack on tariff hike, await NERC approval

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Discos backtrack on tariff hike, await NERC approval
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Power distribution companies, on Monday, backtracked on their earlier announcement of a tariff hike projected to take effect from July 1, 2023, as they stated that the Nigerian Electricity Regulatory Commission had yet to approve the hike.

“Discos perhaps got approval for 1st July and chose to put their customers on notice only to be told that their action was hasty. That end users have been told to ignore the message does not mean that the increase won’t be affected.”

“If you have a prepaid meter, buying bulk energy units for your home or office before the end of the month may help you make some savings before you have to buy at the new rate. The PUNCH also reached out to the Assistant Manager Communications, Nigerian Electricity Regulatory Commission, Mary Anavhe, who dismissed an imminent increase in tariffs.

While both Lasaki and Oduntan declined to pick up calls nor responded to inquiries on the development, Tunwase referred The PUNCH to NERC for an official response.

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