NERC moves to increase electricity tariff, calls for public input into DISCOs rate review request

The Nigeria Electricity Regulatory Commission (NERC) has moved to approve increase of electricity tariff by the DISCOs in Nigeria. The Commission in a seeming legal procedure ritual, has issued a public notice inviting the general public to contribute to deliberations on the electricity tariff rate review application by the distribution licences. The Commission stated that interested stakeholders are advised to review and take into consideration the excerpts of the Rate review Applications filed with the Commission by the respective licences.

The Commission in the notice signed by the Chairman/C.E.O. of NERC, declared that “as part of the rule-making process an din the exercise of the powers conferred by the Electricity Act, the Commission shall conduct a rate Case Hearing on the applications prior to making a ruling.”

The Commission had asserted that “pursuant to Section 116(1) and 2(a&b) of the Electricity Act 2023 and other extant rules, the 11 successor electricity distribution companies (DISCOs) have filed an application for rate review with the Nigerian Electricity Regulatory Commission (NERC) or the Commission.”

NERC maintained that “the request for rate review is premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies.”

NERC notice for public input on rate review hearing