Chairman, NERC, Dr Sam Amadi
Electricity distribution companies can now set their own tariffs based on the cost of operating in their various locations, the Nigerian Electricity Regulatory Commission has said.
Although such will be subject to approval by the commission, NERC stated that the Discos would have to interface with their customers before presenting the tariffs to the regulator.
The Chairman, NERC, Dr. Sam Amadi, said this in Abuja on Wednesday at the end of the regular monthly meeting that the commission often holds with the power generation and distribution companies and the Transmission Company of Nigeria.
Amadi stated that the commission had in the past allowed the Discos to hold consultations with their customers on issues pertaining to tariffs, but noted that this time, it would be the duty of the companies to set the tariffs and not that of NERC.