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The Electricity Consumer is King.......NERC

Electricity consumers are important stakeholders in the scheme of things concerning the power industry. They are to be protected from the service provider. This was the message of the Nigerian Electricity Regulatory Commission (NERC) to electricity consumers at the recently held Power Consumer Assembly in Umuahia, the Aba state capital on 16TH August, 2012 and in Keffi, Nasarawa state, on 23rd August, 2012 respectively.

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Manitoba Hydro International pledges to work closely with existing TCN Staff

The new CEO of the Transmission Company of Nigeria (TCN), Don Priestman has said that the new management will work closely with the legacy TCN staff, particularly during the transitional month to ensure a seamless takeover from legacy management. He said this at a familiarization meeting convened by the Nigerian Electricity Regulatory Commission at the headquarters yesterday. He was accompanied by other senior management staff TCN.

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Connection Fees Prohibited for New Electricity Customers

Abuja, Nigeria - New electricity customers no longer have to pay connection fees to be connected to the grid for their electricity supply.
They will now directly purchase the materials required for connection and make such materials available to officials of their local electricity distribution company for connection to the electricity grid. There will be no direct exchange of monies between the customer and officials of the electricity distribution company for the purpose of connecting the customer.

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NERC meets new Transmission Company of Nigeria management

In its bid to ensure a hitch-free management transition, the Nigerian Electricity Regulatory Commission (NERC) met with the Managing Director of Manitoba Hydro International and representatives from the Bureau of Public Enterprises (BPE) at NERC headquarters. Earlier this year, after an exhaustive bidding process conducted by BPE, Manitoba Hydro International (a Canadian based company) was awarded the contract to manage the Transmission Company of Nigeria (TCN) – one of the successor PHCN companies. This was a critical milestone in the roadmap to power sector reform which is focused on privatization of the industry and the improvement of power supply in Nigeria.

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NERC takes action on Electricity Distributor for contravention of EPSR Act 2005

The Nigerian Electricity Regulatory Commission (NERC) has demanded for the refund of N46m (forty six million naira only) obtained by Citec International Limited from tenants of Citec Estate. The Commission views the action as an attempt to sabotage the efforts of the Federal Government to turn around the power industry.

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MYTO2 - Fixed charges are paid once a month only - NERC

With cognizance to the June 1st 2012, effective date for the take-off of the new electricity tariff regime - Multi-Year Tariff Order (MYTO2), consumers of electricity will pay fixed charges once a month irrespective of the number of times prepaid meter is recharged.

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NERC asks Yenagoa electricity consumers to stop transformer purchase

Electricity consumers in Yenagoa, the Bayelsa State Capital exclaimed with joy when the Nigerian Electricity Regulatory Commission (NERC) told them not to honor any request by electricity providers to buy transformers.

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NERC Charges Electricity Providers to give notice prior to disconnection

The Nigerian Electricity Regulatory Commission (NERC) has charged electricity consumers to stop the practice of disconnecting customers without proper notification. This charge was given by the Commissioner, Government and Consumer Affairs in the Commission; Dr. Abba Ibrahim at the consultative meeting between electricity consumers, stakeholders and the NERC, tagged ‘Power Consumer Assembly (PCA), in Ilorin, Kwara State.

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Committee on Public Inquiry on Metering Uncovers Wide Metering Gap

The Power Holding Company of Nigeria is being inundated with accusations stemming from high degree of estimated billing due to a very wide metering gap. So far, this has been prevalent across the four geo-political zones where the public hearing on metering has been conducted.

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Yola Electricity Consumers Seek NERC Intervention On Power Distribution

Electricity consumers in Yola, the Adamawa State capital are asking the Nigerian Electricity Regulatory Commission (NERC) to stop unfair distribution of electricity in the state.

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Electricity Companies to defend performance under planned tariff regime - NERC

Service delivery and compliance with industry regulations and orders will be major indicators for electricity billing by distribution companies under the planned tariff regime expected later in the year

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Ikoyi Residents want Refund of Electricity Bills from 2008 till Date

A panel constituted by the Nigerian Electricity Regulatory Commission (NERC) on Tuesday, February 14 began hearing a petition asking for the refund of electricity charges paid by members of Ocean Parade Towers Residents Association from 2008 till date.

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American Investors commend NERC's Regulatory Initiatives

A delegation of American investors on a trade mission to Nigeria on February 13, 2012 commended the Nigerian Electricity Regulatory Commission (NERC) for introducing regulations that have long-term benefits for the citizenry.

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NERC warns Power Distribution Companies against unapproved charges

The Nigerian Electricity Regulatory Commission (NERC) on Monday February 19, 2012 warned electricity distribution companies not to charge their customers rates outside what was approved by it last year.

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New Vistas of Investment Opportunities as NERC signs Regulations

NEW VISTAS OF INVESTMENT OPPORTUNITIES AS NERC SIGNS REGULATIONS TO ENCOURAGE SMALL POWER GENERATION AND DISTRIBUTION
By Faloseyi Michael

After over two decades in the doldrums and near total abandonment, the first serious step at reforming the Nigerian Electricity Supply Industry (NESI) was taken in 2005, when the Federal government enacted the Electric Power Sector Reform Act. The main objective of the Act is to encourage private investments and ensure efficiency in the sector. This policy shift was justifiable as it was obvious that the Federal Government could no longer meet up with the financial requirement for the capital intensive power sector.

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IPPs Complain of Bureaucracy Over World Bank Guarantee on Investments

Representatives and chief executive officers of independent power producers (IPPs) on Tuesday March 13, 2012 met with the Nigerian Electricity Regulatory Commission (NERC) as they complained of delay in securing risk guarantee and gas supply agreements among other challenges delaying execution of their projects.

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