Despite
the worsening electricity situation in many parts of the country since
the power companies were privatised, Nigerians will now pay more for
electricity used, the regulator has said.
The Nigerian
Electricity Regulatory Commission, NERC, on Monday announced the
approval of the review of multi-year Tariff Order, MYTO, with effect
from June 1, 2014.
The new tariff order shows that average
income consumers in most of the major cities of Nigeria will pay more
per unit of electricity used from June.
Consumers
in Eko zone of Lagos, who hitherto paid N12.87 per unit of electricity,
will now pay N15.63; while consumers in Abuja who used to pay N13.25
will now pay N14.70 per unit.
Consumers in Kano who used to pay
N13.98 will now pay N16.01 per unit while consumers in Port Harcourt
zone who used to pay N13.60 per unit will now pay N15.09.
It was
not all increment though as the Chairman of the Commission, Sam Amadi,
while explaining the new tariff in Abuja, said with the new tariff, the
fixed charge component of the tariff structure would be reduced.
He
said under the new tariff structure, the different categories of
electricity consumers in Abuja, Benin, Eko, Enugu, Ibadan, Ikeja, Jos,
Kaduna, Kano, Port Harcourt and Yola power distribution zones would be
paying slightly different tariffs for electricity consumed, but
commensurate with the operational cost in their area.
While
consumers in all the zones that fall under the lowest-income consumers
(R1 class) category would continue to pay N4.00 per unit as energy
charge, those in R2 category (average income class) in Abuja, who were
paying N985.92 as monthly fixed charge would now be N702.11, while
energy unit charge would be reviewed from N13.25 to N14.70, effective
June 1.
R2 consumers in Benin zone, who were paying N1,500
monthly fixed charge would now pay N750, while energy charge of N11.94
per unit would now attract N14.82 charge per unit.
In Eko,
monthly fixed charge of N1,125 would now be N750, while N12.87 energy
charge per unit would now be N15.63. In Enugu, monthly fixed charge for
R2 consumer has been reviewed from the previous N874.17 to N650, while
energy charge per unit formerly N15.57 would now be N16.44.
For
Ibadan, the same category of consumers who have been paying monthly
fixed charge of N781.13 would now pay N624.95, while energy unit charge
formerly N13.56 would now be N16.11. For Ikeja, the monthly fixed charge
hitherto N894.56 would now be N750, while energy unit charge would
remain unchanged at N13.21.
In Jos zone, monthly fixed charge
formerly N1,152.50 would henceforth be N775, while energy unit cost
would change from N14.32 to N16.75.
In Kaduna, monthly fixed charge has been reviewed from N1,280 to N781.13, and energy unit charge from N15.36 to N17.
The
monthly fixed charge for Kano previously N889.47 has been changed to
N686.89 and energy unit charge of N13.96 changed to N16.01; while Port
Harcourt consumers who have been paying a monthly fixed charge of N1.050
would be paying N700 and energy unit charge reviewed from N13.50 to
N15.09.
Consumers in Yola zone who have been paying N1,250 as
monthly fixed charge would now pay N750 and a new energy unit charge of
N15 from the N12.78 they have been paying.
Under the MYTO, electricity tariffs are subject to reviews biennially on June 1 and December 1 every year.
Mr.
Amadi said the review was necessary to ensure that some critical and
financial variables in the electricity tariff structure in the country
were adjusted to current realities, namely the prevailing rate of
inflation, the exchange rate of the Naira, the price of natural gas, and
available electricity capacity.
He said that electricity prices
were adjustable to these variables to ensure that the Nigerian
electricity market remained financially viable and able to attract
investment to improve electricity generation capacity and supply
reliability.
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