Annunaki:


The house of reps does not have the power to stop NERC from reviewing tarrifs. Meanwhile this is a very good development, I don't know how Nigerians want improved power supply yet are not willing to pay for it.

We want improved power supply, but why can't we be given the prepaid meter, we are told to pay 30-50k for the prepaid, you will have the money and still you will not see it, they will be given it secretly to the highest bidder...

Ekdp refuse to share the prepaid so that they will be using all these estimated bills to meet there personal target on top no light for weeks sometimes month(s), but high bills will be coming

Bevista:
That's fine by me, as long as prepaid meters are available. Scrapping the fixed charges is also a welcome development.

As long as people only pay for what they actually consume, Nigerians should learn to pay the right price for a service. That is the only incentive for investors to commit their funds for long term improvement of the sector.

The telecoms model is a good example of how appropriate pricing stimulates service, competition, jobs - and ultimately - lower prices.

... You are 100% correct. It is indeed, a welcome development.
...Fash should also make sure that prepaid meters are available, if not, the useless NEPA or PHCN or whatever they call themselves, would be distributing exorbitant bills to consumers..

......
.…..

Fourwinds:
when u go to recharge ur prepaid card., there is amount the NEPA deduct as fix charge..so now if u want to buy N3000 worth of energy., they won't deduct dat fix charge again.. each month thry have fix charge whether u use power or not...if u don't call will MTN take ur credit.?? remember there are/were teriff plan by network providers datu opt to and each day whether u call or not ur credit will deducted...,that is same with fix charges NEPA engage in

sorry to say but... u still arent passing Any information here..
if u like buy 100k for the month of january 2013 u get charged #750 and it didnt finish till january 2016 ... my guy u will pay #27000 for 3years fixed charges before u buy any credit.. dat is why its called fixed charge.. and it is in no way same with mtn charging of pay as you go

Lakeshizu:
You guys should take time to read the news, it will do you good.

Thank you o! They only read the post title...not even the whole title, just the first half of the title, and then come and spew negativity in the comment section.

publicenemy:
As long as that N750 maintenance fee is deducted.



This will only affect factories.

you nailed it Bro. We are moving in the right direction. Nigeria shall be great!

royallord1:

sorry to say but... u still arent passing Any information here..
if u like buy 100k for the month of january 2013 u get charged #750 and it didnt finish till january 2016 ... my guy u will #27000 for 3years fixed charges before u buy any credit.. dat is why its called fixed charge.. and it is in no way same with mtn charging of pay as you go

I won't say anything agsin untik it becomes practicable..then we can come here again and discuss it

TheFreeOne:
At KwhR2 - Rate:= N13.21(IKEDC) does it make sense to add N8 though less the fraudulent service charge

Why cant these discos provide prepaid meters for all before enforcing this policy.

When a govt keeps defrauding her people whither hope for justice

Bros d idea is well commendable.
Using BEDC with fixed charge of #750 & #14.82perkwh.
My last bill payment was #2000 and analysis were as follows:
Out of #2000; fixed charge=#750, vat=#95.24. Cost=#1154.75 for 78.0kwh@14.82perkwh.
Now, with same #2000 & increment by #9.26, the analysis will be thus:
14.82+9.26=#24.08perkwh,
The same 78.0kwh will cost 24.08*78.0=#1878.24, and vat=#95.24.
Therefore total payment will be 1878.24+95.24=#1973.48.
The difference now will be 2000-1973.48=#26.52 for the same unit of 78.0kwh.
That should be a good news
QED.

Op abeg nor vex. Dis nepa don chop me tire. Is there anytin like maintainance charge including Rc fixed charge. Btw i don't ve a metre yet

dre11:


 



www.punchng.com/breaking-nerc-increases-electricity-tarrifs-scraps-fixed-charges/

This government is very and highly confused. NASS just pronounced that NERC should not increase tariff but in deviant the organisation did. Just like the leadership of the country disdobeys court order, any organ can disdobeys government instructions What a party is APC Nigerians are in trouble

This is bad news to post paid user but good news to pre paid user's. Am a post paid user so am not happy with this. Am been charge #14.82 per unit before but now it automatically drives up to #24.82 per unit. Nah die o.

princeonx:
Electricity in naija na the biggest scam for life!! You pay for something you don't get! Smdh!

Gbam,scrapping the fixed charge is OK and making prepaid meters available and compulsory is OK too.
Doing away with estimated stupid crazy bills will follow suit... More honest friendly reforms are still needed in that sector......

Bevista:
That's fine by me, as long as prepaid meters are available. Scrapping the fixed charges is also a welcome development.

As long as people only pay for what they actually consume, Nigerians should learn to pay the right price for a service. That is the only incentive for investors to commit their funds for long term improvement of the sector.

The telecoms model is a good example of how appropriate pricing stimulates service, competition, jobs - and ultimately - lower prices.

my friend close mouth, politicians are only using us. why is there such hardship every where and they do not hv answer to any and you are here forming sermon. in d advanced country, how is their economy and the sincerity in service of their politicians?

they should have give us pre paid meter first before the increase

boujaye:
my friend close mouth, politicians are only using us. why is there such hardship every where and they do not hv answer to any and you are here forming sermon. in d advanced country, how is their economy and the sincerity in service of their politicians?

I like the way you took a subtle jab at me. I feel your pain bro, and I strongly hope that the folks at the top find a solution for everyone. Times are hard, indeed.

suxkill:
No light, yet they have finally increased the bill!!!



I am patiently waiting for the new bill with my Ak47.

Chai.. Very funny people everywhere

ijustdey:



NERC finally increases electricity tariffs, scraps fixed charges....

dailypost.ng/2015/12/21/nerc-finally-increases-electricity-tariffs-scraps-fixed-charges/

cc lalasticlala

I hope this would boost their capacity and increase the availability of pre paid meter because that would check those outrageous bills those energy companies do send

Changi, Sai baba. We de suffer de smile.

lwise:
What a gift for the festive period.

For the lying liers...

We must endure the change,no going back.

dabossman:
This is okay as long as I get my prepaid meter soon. But if any Ikedc official brings me estimated bill with this rate, na wahala o.




Oga, when did the House of Reps become a judicial court of law?

Dont they have oversight functions ? Mr know it all

Bevista:
That's fine by me, as long as prepaid meters are available. Scrapping the fixed charges is also a welcome development.

As long as people only pay for what they actually consume, Nigerians should learn to pay the right price for a service. That is the only incentive for investors to commit their funds for long term improvement of the sector.

The telecoms model is a good example of how appropriate pricing stimulates service, competition, jobs - and ultimately - lower prices.

That model won't work in power because there is no competition there just monopoly and price fixing

These corrupt id*iots are increasing electricity bill for lack of electricity not for actually delivering any service.

christopher123:
That model won't work in power because there is no competition there just monopoly and price fixing

Strictly speaking, you are right. But there is also an economic model for regulating monopolies to ensure efficiency and fair pricing. Some sectors like Power, Rail, etc usually require huge initial investment and a reasonable time horizon to recover investment before throwing it open, else most investors will not commit such huge funds and then worry about cut-throat price competition.

Bevista:
That's fine by me, as long as prepaid meters are available. Scrapping the fixed charges is also a welcome development.

As long as people only pay for what they actually consume, Nigerians should learn to pay the right price for a service. That is the only incentive for investors to commit their funds for long term improvement of the sector.

The telecoms model is a good example of how appropriate pricing stimulates service, competition, jobs - and ultimately - lower prices.

abeg nack the man 3 bottles

I always wonder why we pay 750 VAT to ikeja electric. Thank u Mr fashola
u pay VAT even wen u using prepaid meter and u travel away from ur house for 6months wen u come back u will have to pay 6 x 750 imagine . Fashola thank u oh

suxkill:
No light, yet they have finally increased the bill!!!



I am patiently waiting for the new bill with my Ak47.

Lolz. My guy i dey ur side. Ride on

OldJohn:
Nobody seems to follow the rule of law any more




This comes less than a week after the House of Representatives asked NERC to STOP plans to increase electricity tarrifs.

It's for our own good, that's the simple truth.

The best is going green,solar generated and wind generated electricity.no more bills.

blazetitov:
Good. Am tired of that rip off in the name of fixed charge. This will force some Nigerians to be more conservative with the way they use electricity.

If I hear, Nigerians that are dubious although not all will find way to make sure they don't pay At all. Some may not subscribe for prepaid card for one year after first purchase.

Good step in the right direction, I only hope the tariiff is now cost reflective and the Discos can now get down to real work without haggling on poor tarriff again. I also think there should be more enlightenment on the part of the public and that Nerc ensures that Discos roll out prepaid meters asap and also carry out effective power distribution and not just revenue collection

koboko69:
Ekpas ....food is ready!

Una wey go leave tv on go work come back, halogen light, security light, any kind of light for day time. Una go off am by force now.

I have seen mass distribution of prepaid metres...and its for free...even installation.

This will reduce the unnecessary power wasted at particular periods

My brother it wouldn't to a large extend. Some persons are cheaters when it comes to technology infact the system is corrupt

Macarony01:
I always wonder why we pay 750 VAT to ikeja electric. Thank u Mr fashola
u pay VAT even wen u using prepaid meter and u travel away from ur house for 6months wen u come back u will have to pay 6 x 750 imagine . Fashola thank u oh

[size=14pt]Thank God you are one of those who's got brain to think
To add to your point, I once bought 250kwh in 2013.
It was supposed to last for 3 months. Due to epileptic power, it lasted 6 months.
I got to PHCN IKDC, at alausa only to pay 750x6=4500 naira for phcn inefficiency.
With Fashola's formula, I can choose to economize my power usage. Because there is no more pressure of fixed charges. [/size]

nogames:
which kind do you good? give everybody prepaid meter so that we can have control over what wd spend on electricity

Dont know the part of Nigeria you are, we have been using prepaid meter for almost a year now. Ask your PHCN marketer, he/she will guide you on how to get one.

blazetitov:
Good. Am tired of that rip off in the name of fixed charge. This will force some Nigerians to be more conservative with the way they use electricity.

Where is the light? Talkless of wasting or over-using it.

Maybe you live in Bonny or some other lucky areas enjoying oil company-provided light.