“Our total bilateral energy procured is currently 200MW.”
The electricity Distribution Company says it intends to create a new tariff class called Bilateral for customers it had signed Power Purchase Agreement under a willing-buyer-willing-seller arrangement.
A copy of the document, which was addressed to the Nigerian Electricity Regulatory Commission , was obtained by the News Agency of Nigeria on Saturday. It said: The creation of the Bilateral tariff class is aimed at providing an efficient and reliable service to customers under the tariff class because cost-reflective tariffs are required to cover the cost at service delivery.
The report said the collected energy sales based on the 50 per cent tariff increase in MYTO was 3,955 GWh, while that of bilateral sales was 161 GWh.
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