Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,209,504 members, 8,006,276 topics. Date: Monday, 18 November 2024 at 08:34 PM

TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt (10252 Views)

Confusion At Ports As FG Increases Import Tariff / As A Person With Business Ideas, How Can You Turn N40,000 Into Millions? (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by delicious1(m): 1:18pm On Jul 01, 2011
Quick Question: They've collected billions from consumers all these years. What have they been using such money for? An increase in tariff is a slap on the citizens. You don't improve on power infrastructure, yet you have the audacity to increase tariffs.

Let them yank all their cables and poles out of the streets. Enough is enough!
How long will the nation carry on like this? How many industries will collapse with this new tariff of over 50% increase?
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by homerac7: 1:18pm On Jul 01, 2011
I don't believe d #40/KWh rate, its just not feasible.

PHCN generation cost is between #11 & #13 and pricing at  circa #15 is sensible. Even its abt d price all over d world, although u will get many slightly cheaper.but if u factor in high system inefficiencies, infrastructures limitations and low reliability, u will agree wt d price.

It's abt #45-#50/KWh using generator, so if d news is anything  to go by, it means dt it will make better sense to source ur powers by generators and it also gives u higher up-time against erratic PHCN.

So I will subscribe to d #10 report as I expect dt final pricing will still be jacked up to circa #15.

BTW, domestic price isn't #8 but #5.60(?). Maybe he's quoting industrial price
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Rhea(f): 1:20pm On Jul 01, 2011
[size=14pt]Can someone please edit the title of this thread to avoid commotion[/size]
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 1:21pm On Jul 01, 2011
andyanders:

Let Jonathan resign his post as he is not worth being the President of this Country. Where I leave, I get light maybe only 2 hrs in a month, and the keep bring bill of about 2,500 because I do not have meter. I have applied for meter, nobody gave me. They stopped the prepaid meter because they were not making money from it. I asked a PHCN official the possibility of getting the pre-paid meter and he told me that it was not available, ONLY if I can come up with N90, 000. I have discussed with their station manager and I found out that they all were after money.

I buy fuel N5, 000 every week, to power my residence. This government is useless and nobody wants to help the common man. All of their residences were being powered with Tax payer’s money with stolen wealth of Nigerians and that is why they can stay in the comfort of their homes and offices to create more avenues of stealing money by increasing the tariff. The power probe, nothing has come out of it after stealing over 16 billion dollars.

Go to the PHCN office in Egbin Ikorodu, you will see how their staffs live like kings and have the latest cars in town. Their garages filled with exotic cars. You can go to their residential quarters to find out about this. They have houses scattered all over the place. That is why these PHCN workers do not want competition in that industry.

Why increase the tariff when no light has been provided and nobody has been convicted for the billions of dollars meant for the provision of electricity stolen by few? What is Nigerian labour doing to confront the government?

It is sad that this is happening to this country and the light of the youths mortgaged by the elite. God will judge you our LEADERS.  

I feel your pains greatly, GEJ should indeed resign cos his stu. pidity has gotten out of hand. He's too incompetent
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 1:26pm On Jul 01, 2011
Alxmyr:

Every news paper reported between N8.50-N10,
Only Tribune took theirs to N40.00,
Who do we believe?

As a way of observation, every paper reported the age of Christie Igbokwe as 51, only Tribune call its own 50,
Those who recharge should let us know ASAP.Solar energy here we come!
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by gabrieli(m): 1:27pm On Jul 01, 2011
Hi guys,
 
I BELIEVE IT IS THE COST OF KILOWATTS SUPPLIED TO INDUSTRIES THAT IS GOING UP FROM N12.90K TO N40 WHILE FOR DOMESTIC IS FROM N8.50 TO N10, THAT IS FOR 3 PHASE METERS.

I TRIED TO PURCHASE SOME UNITS YESTERDAY AHEAD OF THE PRICE HIKE, TRUST NEPA, THEY SHUT DOWN THEIR SYSTEM CLAIMING IT IS UNDERGOING MAINTANANCE
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 1:31pm On Jul 01, 2011
I trust nigerians, we'll pay even if it N100, cos some of us will be scared of being thrown into darkness when they bring their 10minutes a day light. Cowards.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by delicious1(m): 1:32pm On Jul 01, 2011
gabrieli:

Hi guys,
 
I BELIEVE IT IS THE COST OF KILOWATTS SUPPLIED TO INDUSTRIES THAT IS GOING UP FROM N12.90K TO N40 WHILE FOR DOMESTIC IS FROM N8.50 TO N10, THAT IS FOR 3 PHASE METERS.

I TRIED TO PURCHASE SOME UNITS YESTERDAY AHEAD OF THE PRICE HIKE, TRUST NEPA, THEY SHUT DOWN THEIR SYSTEM CLAIMING IT IS UNDERGOING MAINTANANCE


^^Typical. And how many more industries would have to close down, due to high costs of not only paying an increased monthly tariff -but also the huge sums they spend on diesel and petrol every day.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by MeandSum: 1:40pm On Jul 01, 2011
Goodcare:

PLEASE IT'S HIGH TIME WE PRAY TO GOD AS WEV'E BEEN DOING, Let GOD INTEEVEN
We pray to God to do what? to come create electricity?
Keep plucking that chicken! way to gosmiley
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by delicious1(m): 1:42pm On Jul 01, 2011
^^LMAO. grin
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 1:54pm On Jul 01, 2011
MeandSum:

We pray to God to do what? to come create electricity?
Keep plucking that chicken! way to gosmiley
LWTMB grin grin grin
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by nep2ra(m): 1:57pm On Jul 01, 2011
skealoo:

i think it high time we start  "NAIJA REVOLUTION". we cant continue to siddon look. we need to come together and fight such inept, ridicoulous and unjustified move by by our so called leaders. please let get prepared and be ready to stand up for our rights. look at greece, egpyt, tunisia. how long more are we going to be suffering and smiling. me i don tire. enough is enough.
NAIJA PEEPS STAND UP.
LETS UNITE AND FIGHT THESE OLODO PEOPLE WEY NO SABI WETIN DEM DEY DO.

Hahahahahahaahahahahahahaaha, See who wants to start a REVOLUTION. Be very honest with yourself. Can you REALLY imagine yourself going out on the street to actually demonstrate be it peaceful or violent? We too like life for Nigeria. Nobody is interested in any revolution that may take their lives. Nigerians prefer to suffer, complain, pray and smile. Even if this tariff is increased to N100 we will still pay.
The best we can do is write impressive articles condemning the government or just jibber-jabber away on the internet.
Internet Warriors!!!! Ahooooo!
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by enyojo(f): 2:04pm On Jul 01, 2011
[size=20pt]WELCOME TO FRESH AIR!![/size]

My husband and I are disconnecting any trace of PHCN from our house. In solidarity with the suffering nigerian poor

Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by alexola20(m): 2:13pm On Jul 01, 2011
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by beeman80: 2:17pm On Jul 01, 2011
Until we initiate a revolution,these leaders will continue to do what they wish.It is convenient for them and they careless about what the common man feels.We are too scared to fight for our right.
Armed robbers were at my house two days ago and part of the reason why they had the audacity was because there was no light.Nigeria is in a failed state.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by sleekman(m): 2:22pm On Jul 01, 2011
[size=20pt]I don tire. I want my money back. If you have stolen money as a public official Naija is no longer safe for you and your kids. Enough is enough[/size]
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by MMM2(m): 2:25pm On Jul 01, 2011
I thank GOD an not from 9ja again,
If not i 4 *  - * -  *  angry
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by sleekman(m): 2:36pm On Jul 01, 2011
[size=28pt]Enough of Public Stealing. Enough! Enough!! Enough!!! [/size]
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by EmeraldBiz: 2:39pm On Jul 01, 2011
Na wa Oh grin
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Debroslink: 2:41pm On Jul 01, 2011
[size=8pt]KEEP MOANING WHILE D THIEVES IN HIGH PLACES KEEP STEALING. [/size]
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by CrudeOil2(m): 2:50pm On Jul 01, 2011
PHCN, NEPA and GEJ dey madt. Are we paying for darkness or what? The last time i was in naija, they told me our bill was over two hundred thousand naira, and we've not had electricity for over six months.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 2:51pm On Jul 01, 2011
all of una should just shut up.we like to talk but no action.keep on suffering and smiling
rubbish.no more comments on Naija,I don spend too much money on pills to cure me of my headache when i think about my beloved country,so no more thinking
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by uncleb(m): 3:00pm On Jul 01, 2011
This is part of GEJ promises------ Hard/harsh economic decisions and policieswill be made, albeit after the election. This was published during this week.

I wonder if our leaders, policy drivers and national decision makers have blood flowing in their veins. Nobody is talking about improving performance, yet we are talking of 500% tarrif increase.

I pay 3k monthly (just a small family) despite that i dont use any heavy equipment and this light doesnt come everyday, sometime, it goes for a whole week. yet am paying 3k, now i shud be ready to pay 15 k abi.

God will punish their wickedness. I would have expected GEJ to slash all the outrageous allowances being paid politicians to cater for waterever increased cost of providing amenities for the masses. Rather, they want to take more from us to cater for their selfish interests.

Nigerians, please lets demand our dividends of democracy. Infrastructure and social amenities at affordable prices, this is one of the reasion i learnt Govt exists for during my days in senior secondary school
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by maclatunji: 3:15pm On Jul 01, 2011
Some people paid N40,000 for an MTN SIM back in the day (If I adjust that figure for inflation, it will be probably be worth N50,000 today!). If we want private sector participation and greater efficiency which means stable electricity for all of us, we are going to have to pay very high tariffs in the immediate future. It will go down when capacity increases and the cost of getting electricity to the final consumer comes down.



This is what should normally happen, the problem comes when corruption sets in. Private companies have refused to by the divisions of PHCN without the increase in tariffs that is what the government is currently trying to do. This is the time-table for the privatisation process of PHCN:

Task                                                        Finish                                        Status
Organize Road Show                                    February 21, 2011                            Done
Review Expressions of Interest                      April 11, 2011                            In Progress
Issue bid documents to prequalified bidders       TBD                                             Pending
Present bidders conference                                 TBD                                             Pending
Prepare and submit proposals                       TBD                                             Pending
Review bids received                                      TBD                                            Pending
Review Technical Aspects of bids                      TBD                                             Pending
Review Investment Aspects of bids              TBD                                             Pending
Open Commercial Proposal                                TBD                                            Pending
Review commercial proposal                     TBD                                             Pending
Sign Agreements                                     TBD                                            Pending
Handover facilities                                     TBD                                            Pending

Download the tariff schedule too.

Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by ektbear: 3:23pm On Jul 01, 2011
The title is hugely misleading. . . N40 is almost certainly wrong.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by swagalish: 3:26pm On Jul 01, 2011
What is the difference in the name NEPA & PHCN. same bad eggs were gathered and put in a new crate without washing them.  the bills are prepared without consulting the meter, what will it look like now a home will be charged millions in a month.

It will be better if pple will be allowed to contest the bills before making payment, because one will be charged for consuming light for 12 days in a month , while it was actually for 7 days.

The tariff is increased when the new minimum wage is yet to be fully implemented, how do they want the civil servants to survive?

If the light is constant the rebranding we are talking about will be carried out by all. this is robbery in broad day light.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by warrior01: 3:37pm On Jul 01, 2011
wondering the reason for all this brouhaha. How many people self dey pay for the NEPA light abi na wetin una dey call am?
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by FILEBE(m): 3:45pm On Jul 01, 2011
"there hasnt been any power supply from Nepa for the past 1 month or so!
everyday i look up to the sky, not to look see the clouds. i always look at the poles and the wires and always ask:why shouldnt i make those wires clothes line?
since its purpose hasnt been achieved na! we improvise!"
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 3:46pm On Jul 01, 2011
one day,all dis evil in naija will come to an end!
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by temmytanny(m): 3:46pm On Jul 01, 2011
stop carrying fals story

http://pmnewsnigeria.com/2011/07/01/nigerians-to-pay-more-for-darkness-as-phcn-hikes-tariff-today/


With effect from today, electricity power consumers will pay more for the erratic power supply offered them by the Power Holding Company of Nigeria, PHCN.

The erratic nature of PHCN power supply make many Nigerians to hold the belief that they will be paying more for darkness.

The Nigerian Electricity Regulatory Commission, NERC which regulates PHCN’s operations announced last week that consumers will now pay N10 per kilowatt an hour. An increment of N1.50 from the previous N8.50 per kilowatt an hour, representing a 17.6 per cent increase.

According to NERC, the increase was aimed at making the power sector more attractive to investors who were of the opinion that the power tariff in Nigeria is the lowest in the world and therefore cannot make the market viable for prospective investors.

Before the increase was announced, NERC had earlier held a meeting with the chief executive officers of electricity distribution companies. They were reminded that the electricity tariff schedule which should have been operative since 2008 will now be implemented.

NERC informed the managers that the last schedule of the 2008/2013 Multi-Year-Tariff-Order, MYTO has been to charge N10 per kilowatt an hour. But it was not effected until now.

However, the tariff increase came as a surprise to many consumers especially when PHCN power generation level has dropped from 3100 to 2800 mega watts in recent times.

The PHCN had promised that it will not increase the tariff until there is an appreciable improvement in power supply. Power consumers have expressed outrage the increase at a time they experience more blackout or darkness than power supply.

But the NERC over while informing the distribution companies of the new tariff regime, urged them to ensure marginal improvement in power supply to the consumers to justify the increment and encourage investors.

The power regulatory body expressed the opinion that the new tariff will bring some gains for the PHCN in the areas of power delivery, be it generation or distribution.

There has been argument that the Federal Government should hands off power generation and distribution so that private investors could take over and ensure efficient and steady power supply in the country.
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by lwise(m): 3:50pm On Jul 01, 2011
i guess i made a big mistake by votin Jonathan,hes blowing heated air instead of fresh air
Re: TRIBUNE: Phcn’s New Tariff Takes Off Today - N40 Per Kilowatt by Nobody: 3:52pm On Jul 01, 2011
enamaye:

[b]one day,[/b]all dis evil in naija will come to an end!
since i was born,i have heard this more than the number of hair in my head. i wonder when?

(1) (2) (3) (Reply)

Alibaba Joint Group 1 Importation - Updates / We Are Not Involved In Any Illicit Forex Dealings - BUA / Enugu Government Shuts ShopRite, SPAR, Other Malls Over Failure To Remit Taxes

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 56
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.