Sam Amadi
Chineme Okafor
The Nigerian Electricity Regulatory Commission (NERC) has said it will adopt a very harsh measure to stem the abuse of its recently introduced estimated billing methodology by various successor distribution companies of the Power Holding Company of Nigeria (PHCN).
The proposed strict measure is expected to help the commission enforce its plan to ensure comprehensive metering of eligible electricity consumers in Nigeria within record 18-months and also guarantee that provisions and objectives in the cost-reflective Multi Year Tariff Order (MYTO-2) are honestly implemented to drive investments in Nigeria.
A presidential source who spoke to THISDAY in Abuja disclosed that the proposed cap on total kilowatts chargeable to unmetered electricity consumers by PHCN distribution companies had become necessary following indications of apparent disregard to the 18-months metering plan which NERC handed down to distribution companies in 2012.
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