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Confusion as Eko Disco denies plan to hike electrical energy tariff

There’s confusion amongst stakeholders within the energy sector following the furore generated by the conflicting info put out a few decision by the Nigerian Electrical energy Regulatory Fee (NERC) on tariff hike.

A doc marked 023/EKEDP/GMCLR/0025/2021, dated August 25, 2021 and signed by the Basic Supervisor, Loss Discount, Eko Electrical energy Distribution Firm (EKEDC), Olumide Anthony-Jerome, had introduced the Disco’s determination to boost tariffs.

Within the doc, broadly circulated within the media on the weekend, the distribution firm disclosed that the rise could be mirrored on the vitality invoice for October 2021, which might signify vitality consumption for September 2021.

“For metered prospects with inner merchandising preparations, we urge you to regulate the charges accordingly to replicate the brand new tariff improve as launched by NERC,” the memo, purportedly issued by Eko Disco, learn.

In line with the doc, the rise adopted the approval by NERC.

“This improve is because of the nationwide mandate to implement the Service Based mostly Tariff authorised by our regulators (NERC),” it mentioned.

However as stakeholders deliberated on the event, the Eko Disco in a press release signed by its Managing Director, Adeoye Fadeyibi, described the discharge as unsubstantiated and urged the general public to ignore it.

“Whereas we proceed to overview efficient and regulatory methods to handle the impression of adjustments to macro-economic indices affecting end-user tariffs, most of the people will likely be duly knowledgeable, within the occasion of any adjustments to the end-user tariff,” the EKEDC boss mentioned.

READ ALSO: Once more, Nigerian govt will increase electrical energy tariff by over 50%

Final September, a tariff hike plan was carried out amidst controversies and rejection by members of the organised labour. The Nigerian authorities thereafter held talks with the unions, and the negotiations led to the introduction of rebate within the tariff and the freezing of a rise for Band E, representing prospects with eight hour every day provide.

One other try was made to hike the tariff in January however the controversy that trailed it led to its suspension by the regulator.

It stays unclear whether or not a rise could be recorded in electrical energy tariff in September.

Makes an attempt to talk to NERC officers on Sunday proved abortive.

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