
The Nigerian Electricity Regulatory Commission (NERC) has released a new tariff, pegging Band A end-user bill at N209/KWh, the same as it was in July when the commission last effected a change.
Although the subsidy in the sector is rising by about N190 billion yearly to end 2024 at N2.3 trillion, NERC’s latest supplementary order for December’s Multi-Year Tariff Order did not factor in the increase in inflation and other economic indexes.
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The commission has also ordered most Distribution Companies (DisCos) to downgrade some feeders due to their inability to meet the promised hours of electricity supply for Band A.
The order, addressed to all 11 primary DisCos, shows that the Band B-E tariff categories remain frozen.