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Nairaland Forum / Nairaland / General / Politics / Electricity Consumers To Pay More In New NERC Regulation (24486 Views)
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Electricity Consumers To Pay More In New NERC Regulation by nwakibie3(m): 1:33pm On Mar 20, 2018 |
…Nigeria targets 100,000mw by 2030 –ECN Isaac Anumihe with agency report As consumers grapple with high electricity bills across the states, the Nigerian Electricity Regulatory Commission (NERC) yesterday, introduced a new policy that may worsen their plight. The latest regulation which came into effect on March 8, 2018 and will be enforced by the Commission from April 3, 2018, is aimed at providing standard rules to “encourage the development of independent and competitive meter services, eliminate estimated billing practices, attract private investment to the provision of metering services in NESI, and close the metering gap through accelerated meter roll out to enhance revenue in NES. According to NERC’s Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, prepaid meters will soon flood the market with the licensing of 87 meter asset providers (MAPs).But those who will get the new meters under the new regulation will have to pay more. Akpeneye who spoke with newsmen in Uyo, Akwa Ibom State, said MAPs will be independent providers who will be approved by NERC but contracted by the DisCos to bridge the metering gap. “They are to be saddled with the responsibility of providing meters and replacing faulty devices within 48 hours,” he said. In Section 10 (5) of the new law, which contains the new provision, an analysis of the Meter Asset Provider Regulations 2018 (Regulation No NERC-R-112) shows that those who benefit under the new system will pay a monthly service charge. Under chapter IV, section 10 (“Rights of Distribution Licensees”), subsection 5, the regulation states: “The Distribution Licensees shall include a metering service charge as a clear item on the billing of its customers provided with meters under an MSA with MAPs and shall be separate from the energy charge. The metering service charge shall be based on the outcome of the procurement process for the MAP and subject to the approval of the Commission.” Meanwhile, the Energy Commission of Nigeria (ECN), has predicted a growth of up to 100,000 megawatts electricity generation in the country by 2030. ECN’s Director-General, Professor Eli Bala, disclosed this in an interview with the newsmen in Abuja. Bala said that the projection would be possible with an annual economic growth rate of 7 per cent and steady implementation of the national energy plan by the Federal Ministry of Power, Works and Housing. “With the incremental power programme, every time, every year, we must have increment in power generation. “We will also increase our capacity to transmit as well as the capacity to distribute. “So I think we are on course, although it is not easy. “Very soon, we will get to a level where we will have a 100,000 megawatt or 100 gigawatt by 2030 and the economy growing at the rate of about 7 per cent annually,” he said. http://sunnewsonline.com/electricity-consumers-to-pay-more-in-new-nerc-regulation/ 1 Like 1 Share
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Re: Electricity Consumers To Pay More In New NERC Regulation by DynasTee: 1:36pm On Mar 20, 2018 |
If Dem born una papa well increase electricity bill We will 73 Likes 3 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by LORDOFAFONJAS: 1:53pm On Mar 20, 2018 |
it shall not be well with Tinubu 73 Likes 4 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by Nobody: 1:53pm On Mar 20, 2018 |
Before we grumble...consider a few facts 1.When we privatised electricity distribution and generation, the price increase was written into the law that governs the thing. 2.We need anything between $300-900billion to get light 24/7. 3.Privatization means that you pay more from your pocket. 4.We have to pay our bills...and let's be frank...we pay bills lower than countries like Ghana...who pay twice as much as we do. 5.Electricity is not a free lunch. MODIFIED To all that responded to me, thank you very much. I just want to leave this fact for you guys... We need $300 BILLION to get light 24 hours a day, seven days a week. Our foreign reserve is $40billion. Let that sink in...and then we can talk. 23 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by pejuakinab: 1:54pm On Mar 20, 2018 |
Buhari kuku kee us. 2019 is close. The poster above me must be Tinubu's Family member 49 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by xynerise: 1:54pm On Mar 20, 2018 |
Pay more and enjoy less 6 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by BruncleZuma: 1:54pm On Mar 20, 2018 |
2030:Goalpost shifters...I am yet to see the light I'm paying for oooh Rocket Scientist and co. Fashola after all the mouth and taking over as minister...and discovering that it's worse than rocket science...it's Quantum Mechanics. 68 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by WebSurfer(m): 1:54pm On Mar 20, 2018 |
Some of the people that will come here to lament already bypassed their meters.. Both the people and Government are nonsense people 28 Likes 2 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by Naijageak(m): 1:54pm On Mar 20, 2018 |
Seriously |
Re: Electricity Consumers To Pay More In New NERC Regulation by Nobody: 1:55pm On Mar 20, 2018 |
Idiots 20k bill with 2hours light everyday 39 Likes 2 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by Charly68: 1:55pm On Mar 20, 2018 |
Useless regulators ,to pay more even with less efficiency from electricity suppliers these people are in trouble ooo! They wont give us meter but bring up ghost bills ..God punish the devils in you all 4 Likes 2 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by xynerise: 1:55pm On Mar 20, 2018 |
DynasTee: Noise as usual 2 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by sdindan: 1:55pm On Mar 20, 2018 |
The only thing the terrorist president know is increase increase. Iriot of a president. 33 Likes 1 Share
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Re: Electricity Consumers To Pay More In New NERC Regulation by Jh0wsef(m): 1:56pm On Mar 20, 2018 |
Cromcruach91: Oboy, your zombie level no be here o Na your money dem dey pay Dino for vehicle allowance, stay there 44 Likes 2 Shares
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Re: Electricity Consumers To Pay More In New NERC Regulation by OBAGADAFFI: 1:56pm On Mar 20, 2018 |
And get more darkness 7 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by Nobody: 1:56pm On Mar 20, 2018 |
It's good. I like it, let them increase. |
Re: Electricity Consumers To Pay More In New NERC Regulation by Lanre4uonly(m): 1:56pm On Mar 20, 2018 |
Exploiting well meaning Nigerians with poor service delivery in return. It is well. 10 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by Skepticus: 1:57pm On Mar 20, 2018 |
DynasTee: Nothing go happen. Nigerians are too spineless. Mass ignorance, blind religiosity and tribalism would never make us challenge our oppressors 31 Likes 3 Shares |
Re: Electricity Consumers To Pay More In New NERC Regulation by Lomprico2: 1:57pm On Mar 20, 2018 |
Pay more when we never even see power use. Apc should kuku kii us! 8 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by awa(m): 1:58pm On Mar 20, 2018 |
Thank you Buhari for everything |
Re: Electricity Consumers To Pay More In New NERC Regulation by simplemlmwebsit: 1:58pm On Mar 20, 2018 |
lmao |
Re: Electricity Consumers To Pay More In New NERC Regulation by Jaytecq(m): 1:58pm On Mar 20, 2018 |
hmmm.... Orun ya bo, ki soro enikan |
Re: Electricity Consumers To Pay More In New NERC Regulation by Mac2016(m): 1:58pm On Mar 20, 2018 |
so we will be in darkness for that long 1 Like |
Re: Electricity Consumers To Pay More In New NERC Regulation by Paulchris(m): 1:58pm On Mar 20, 2018 |
Actually only rocket scientists will understand why they have to increase it.....but takes a full time zombie to believe that they will provide steady power as promised 15 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by DrDeji20(m): 1:59pm On Mar 20, 2018 |
ghost companies will of course be the distributors of those Meters.under MAPs the same discos will be the reseller. this country is just corrupt that any policy made by the govt will be abused by the same agencies working for the govt. 5 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by AngelicBeing: 1:59pm On Mar 20, 2018 |
Nawao, what kind of useless leaders we have in Nigeria, always looking for means to exploit the masses 8 Likes
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Re: Electricity Consumers To Pay More In New NERC Regulation by Nobody: 1:59pm On Mar 20, 2018 |
Welcome to Nigeria where we pay higher for power that we don't get to see.. They've been increasing bills since 1970's and where has that gotten us please? Anybody in support of this administration needs a serious brain check. 4 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by Lizilicious(f): 1:59pm On Mar 20, 2018 |
Lemme go home and cut all my wire.. I don't want again, make una chop una light 14 Likes 1 Share |
Re: Electricity Consumers To Pay More In New NERC Regulation by paulstrings(m): 1:59pm On Mar 20, 2018 |
Cromcruach91: What are you saying? We don't mind paying much if We get a steady supply... But, you know that our Power Supply is erratic and epileptic. UpNepa is still a slogan in 2018 20 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by felix000000(m): 1:59pm On Mar 20, 2018 |
Honestly I don't know what we are enjoying as citizen of this country, no light, no good road, no good hospital, no good education, no good portable water. God please where have we wrong you as a nation? kindly forgive us all our sin and have mercy on us. 5 Likes |
Re: Electricity Consumers To Pay More In New NERC Regulation by Coldfeets: 1:59pm On Mar 20, 2018 |
Na today...? |
Re: Electricity Consumers To Pay More In New NERC Regulation by tetralogyfallot(m): 1:59pm On Mar 20, 2018 |
One ju guy dey talk say make we pay bill pass ghana we dey get light reach ghana? Where the light dey sef? Apc is a failure on power generation issue. 5 Likes |
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