New Electricity Tariff: EEDC Complies, Reverts To Old Rate | Naija News
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New Electricity Tariff: EEDC Complies, Reverts To Old Rate



Blackout As Electricity Grid Collapses Again

The Enugu Electricity Distribution PLC has agreed to reverse to the old electricity tariff following the directives by the Nigerian Electricity Regulatory Commission (NERC).

EEDC agreed to suspend the Multi Year Tariff Order (MYTO) 2020, for a period of 14 days with effect from September 28, 2020 to October 11, 2020.

This is coming after the Federal Government and the organized labour reached an agreement over the increment in the prices of petrol and electricity.

The Order, which was signed by NERC Chairman, James Momoh and Commissioner, Legal, Licensing & Compliance, Dafe Akpeneye, is in compliance with a joint communique issued by the Federal Government of Nigeria (FGN) and the Labour Unions, where it was agreed that the recently reviewed tariff be suspended by the Commission for 14 days to further consult and finalize negotiations between the parties.

The Head of Corporate Communications, EEDC, Emeka Ezeh in a statement released on Thursday, said the EEDC has already complied with the directive.

“With this development, prepaid customers of EEDC who experienced immediate impact of the reviewed tariff during their recharge between 28th to 30th September, 2020, the difference between the reviewed tariff and old tariff for the 3 days will be credited to the customers wallets, which they can use to recharge their meters in future; while for the remaining 11 days (1st to 11th October, 2020), all vending activities will be at the old tariff.”

“In the same vein, for postpaid customers, the difference between the reviewed tariff and the old tariff for the 14 days period will be computed and credit adjustment effected for the affected customers (that is crediting their respective accounts with the difference).”

“It will, however, be noted that some category of customers were not affected by the reviewed tariff, as their tariff was frozen and they were still paying their bills using the old tariff. These are customers that fall under Bands D and E. They will continue paying/vending with the old rate.”

“The Order issued by NERC further directed that “all tariffs for end-use customers and market obligations of the distribution companies during the 14-day suspension shall be computed on the basis of rates applicable as at August 31, 2020.”

“EEDC assures her esteemed customers of its unrelenting commitment towards consistently improving its infrastructure to deliver efficient, reliable and quality services,” Ezeh said.

Source: Naija News

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