Tuesday 27 May 2014

Electricity Tariff to Increase from June 1

Following the review of the Multi Year Tariff Order (MYTO) for 2014, electricity tarrif is set to go up fromJune 1.

The Nigerian Electricity Regulatory Commission (NERC) Chairman Dr. Sam Amadi made this known to newsmen in Abuja, recently. He said that some positive variables culminated in the significant changes in the tariff review.

Mr Amadi explained that for Abuja Electricity Distribution Company’s R2 customers, for instance, who have been paying N13.75 per unit will then pay N14.90. However, the fixed charge remains unchanged.

He added that the full details of the review will be made public on the Commission’s website.
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