The Nigerian Electricity Regulatory Commission (NERC), will today begin zonal deliberations with critical stakeholders on review of the drafts of the Multi Year Tariff Methodology (MYTO), Business Continuity regulation for the Nigerian Electricity Supply Industry (NESI) and Eligible Customer declaration regulations.
The first leg of the deliberations scheduled for the six geo-political divides begins with the engagements of the people in Lagos today and the second leg in FCT, Abuja comes up next week.
A release from NERC showed that the officials of the NERC and other critical officials from the power sector are expected to move to Enugu and Yola on September 20.
It will further proceed to Jos and Port Harcourt from September 26, before concluding in Kano on October 4. The commission has proposed a final stakeholders’ consultation to be held in all the six geo-political zones and the FCT “to enable the larger public make their inputs and express their opinions before the Commission makes final decision on the proposed regulations,” said a public notice from NERC.
Blueprint Newspaper recalls the Multi-Year Tariff Order (MYTO) is an arrangement that provides a 15 year tariff path with major reviews every five years, and minor reviews every six months.
Under the ‘Business Continuity for the Nigerian Electricity Supply Industry (NESI) regulation, NERC developed new rules that could lead to the liquidation of DisCos who failed to meet performance agreement targets, licensing, finance and compliance obligations.
One of the major issues to be debated will obviously by the eligible customer rule which has so far generated some controversies. Few months ago, NERC had to clarified on those to be exempted from estimated billings.
The explanation became necessary following the Commission’s statement directing that High Demand customers be left of estimated bills while others yet to be metered should be served such bills until such a time when DIsCos have fully metered all consumers.
The Minister of Power, Works and Housing, Babatunde Fashola, had on May 19 stoked the embers when he invoked the declaration of Eligible Customer rule paving the way for customers who consume up to 2MW of power to buy directly from the GenCos.
