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MYTO 2015 Distribution Tariff (2015-2024)

Click Here to download the MYTO 2015 Distribution Tariffs (2015-2024) effective February 1, 2016.

New Tariff Regime Removes Fixed Charges

Press Release – 21 .12.15

The new electricity tariff regime approved over the weekend by the Nigerian Electricity Regulatory Commission (NERC) has removed fixed charges for all classes of electricity consumers. Henceforth, from the next billing period, distribution companies will no longer charge their customers monthly fixed charges. Fixed charge is that component of the tariff that commits electricity consumers to paying an approved amount of money not minding whether electricity is consumed during the billing period.

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Commission Orders Exusia to Obtain Licence to Trade in Electricity

Press Release – 17 .12.15

 

A panel of the Commission has ruled in a suit brought before it by A and P Foods Limited that Exusia Power and Gas Limited should obtain an electricity trading licence before it can sell electricity to the petitioner.

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NERC Issues Licences to Eight Companies

The Nigerian Electricity Regulatory Commission (NERC) on Wednesday licenced eight companies with a combined capacity to generate 1,648.25 Megawatts electricity and a distribution company. The event took place at the Commission headquarter in Abuja.

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NERC To Instate 11-Man Advisory Board On Local Content For Power Sector

08.12.15 - 49

In line with its Regulation on National Content Development for the Power Sector 2014, the Nigerian Electricity Regulatory Commission (NERC) will on Thursday inaugurate an eleven-man (11) Nigerian Content Consultative Forum for the electricity supply industry.

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NERC Under Attack

18.11.15 - 48

A Text of Press Statement by Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC) Refuting Daily Trust Story of NERC’s Severance Scheme

In the last couple of weeks, the Nigerian Electricity Regulatory Commission (NERC) has come under serious attack by an alliance of internal and external forces that aims at damaging the reputation and credibility of the present management.

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Abuja DISCO Fined N18m over Electrocution

09.11,15 - 47

The Abuja Electricity Distribution Company (AEDC) has been fined Eighteen Million Naira (N18 million) following electrocution of an eight (8) year old Faith Yakubu at Anguwan Dodo, Gwagwalada, FCT, which is within the company’s distribution franchise area. 

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Customers Exempted from Estimated Electricity Bills...

08.11.15 - 46

....if no meter after 60days of payment.

 

The Nigerian Electricity Regulatory Commission (NERC) has exempted electricity consumers who made payment for meters under the Cash Advance Payment for Metering Initiative (CAPMI) but were not metered two weeks in excess of the required 45 days from further payment of electricity bills.

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Ibom Power Receives Licence for 685MW from NERC

5.11.15 - 45

The Government of the Akwa Ibom State, promoter of Ibom Power Plant, was on Thursday issued an amended licence to increase its generating capacity from 190 megawatts to 685megawatts by the Nigerian Electricity Regulatory Commission (NERC). Ibom Power Plant currently supplied 190mw to the national grid.

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False Report on NERC's Severance: An Attempt to Destroy Electricity Regulation in Nigeria

01.11.15 - 44

Introduction:
• The Commission states clearly that the allegations in the Daily Trust report are false and targeted at discrediting the leadership for obvious political or personal interests. The current commissioners have not approved N2.7billion severance pay for its members as alleged. The commission has not approved N400million for the Chairman and N380million for the Commissioners as reported by the Daily Trust.
• Computation of severance benefits are consistent with the Commission’s Handbook, Resolutions and Pension Act and the percentages are also in tandem with general practice in other MDAs.

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NERC's Regulation Envisages 2,000MW of Renewable Sourced Electricity by 2020

01.11.15 - 43

A regulation to stimulate investments in 2,000megawatts of electricity from renewable energy sources by 2020 has been approved by the Nigerian Electricity Regulatory Commission (NERC).

The law, Feed-in Tariff Regulations for Renewable Energy Sourced Electricity in Nigeria was approved at the last regulatory meeting of the Commission. It envisaged that the country would generate at least 1,000megawatts from renewable energy sources by 2018.

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Technical Team still working on tariff applications from DISCOS - NERC

24.10.15 - 42

The Nigerian Electricity Regulatory Commission (NERC) is still reviewing details of applications for tariff review received from electricity distribution companies and outcome of public consultations with electricity consumers by the Commission and electricity distribution companies.

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Customers Told To Engage Electricity Distribution Companies

14.10.15 - 41

Concerned by communication gap between electricity service providers and their customers, Chairman, Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has urged consumers should to take the initiative to engage their service providers.

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An Efficient Tariff is Good for Business And Good for Consumers

13.10.15 - 40

Text of A Press Statement Delivered by Dr. Sam Amadi, Chairman and Chief Executive of the Nigerian Electricity Regulatory Commission (NERC) at the Public Consultation on the 2015 Review of Retail Tariff on Tuesday, October 13, 2015 at the Hearing Room of NERC

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Senate Assures NERC on Funds Release to REA

09.10.15 - 39

Following a request by the Chairman, Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, to the Senate President, Bukola Saraki, a resolution is soon to be taken that would soon be taken that would result in the release of pending funds to the Rural Electrification Agency (REA).

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NERC, MAN Collaborate On Improved Power Supply To Industries

06.10.15 - 38

Chairman, Nigerian Electricity Regulatory Commission (NERC) Dr Sam Amadi in company with the President of the Manufacturers Association of Nigeria (MAN), on Tuesday, inaugurated a 9-man committee on how to make electricity available to the real sector.

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