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IKEDC, Abuja, Benin other discos receive NERC's permission to increase electricity tariff



Oredola Adeola|

The Nigerian Electricity Regulatory Commission (NERC) has given permission to Ikeja, Eko, Benin and nine other electricity distribution companies, to increase the electricity tariff payable by power consumers across the country, commencing from next year, 2020. This is contained in various documents obtained obtained from the electricity regulatory agency.

With the new development, electricity consumers across the country are expected to pay an additional average sum of between N8 and N14 for every KWh of energy provided by their respective distribution companies (DisCos).


However, the new tariff increase for DisCo differs from each other. However the NERC's document showed the actual cost-reflective tariff for each of the Discos.

The NERC instrument tagged "The 2016-2018 Minor Review of Multi-Year Tarrif Order 2015 and Minimum  Remittance Order for the Year 2019, shows the cost-reflective tariff of each of the Discos in separate document obtained by the Editorials.

In the new tariff plan , The Editorials gathered that customers of Ikeja Disco, will have to pay additional N8.2/kWh from next year, because NERC put the tariffs for 2019, 2020 and 2021 per kWh at N27.3, N35.5 and N37.1 respectively for the end users.

Customers of  Abuja DisCo (AEDC) will pay an increase of N9.8/kWh on their current charge.

 Benin DisCo's  (BEDC) customers will pay an additional N9.75/kWh on top of their current charge.

Eko DisCo,  end-user allowed tariff from 2020 and 2021 is  N36.8 and N39.2 respectively, giving an increase of N8.5/kWhIKE tariff

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Enugu Disco's customers will get a tariff increase of N10.6/kWh from next year. Its end-user tariffs for 2019, 2020 and 2021 per kWh are N35.3, N45.9 and N41.6, respectively.
For residents who are served by Ibadan DisCo, the end-user allowed tariffs for 2019, 2020 and 2021 per kWh are N30.6, N39.7 and N44.2, respectively. This implies that by next year, power consumers who get supply from Ibadan DisCo will witness an increase ofN9.1/kWh in their tariff.
Customers of Jos Disco, are expected to receive a tariff increase of N10.1/kWh on their current tarrif of N33.8/kWh, thereby paying N43.9/kWh by 2020.
Kaduna DisCo’s power consumers will pay an increase of N9/kWh. The end-user allowed tariffs for 2019, 2020 and 2019 per kWh for Kaduna DisCo, as represented by NERC, are N30.3, N39.3 and N41.7, respectively.
Also, for Kano DisCo, NERC increased the end-user allowed tariffs from N30.1/kWh in 2019 to N44.7/kWh in 2020 and N41.8/kWh in 2021. This implies that residents who are served by this DisCo will witness an increase of N14.6/kWh in the tariff they pay for electricity.
The Editorials gathered that this tariff increase approved by the Federal Government is due to the $1.7 billion  facility approved for the DisCos. The facility has a repayment period of about 20 years and a moratorium period of about five years. The repayment comes with interest.

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