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“In compliance with the Electric Power Sector Reforms Acts (EPRSA) and the nation’s tariff methodology for biannual review, the rates for Service Bands A, B, C, D and E have been adjusted by N2.00 to N4.00 per kWhr to reflect the partial impact of inflation and movement in foreign exchange rates.”
Faloseyi said that the commission remains committed to protecting electricity consumers from failure to deliver on committed service levels under the service-based tariff regime.
NERC spokesman asked any customer that has been impacted by any rate increase beyond the above provision of the tariff order should report to the commission at [email protected].