NERC serves notice of impending tariff review in July
The Nigerian Electricity Regulatory Commission, NERC on Monday said has commenced minor tariff reviews for the eleven Distribution Companies, DisCos which would be implemented in July 2021.
The Commission made the announcement in a document titled ‘Notice of Minor and Extraordinary Review of Tariffs for Electricity, Transmission and Distribution Companies’ obtained by SweetcrudeReports.
According to the document, the Commission said it had held series of public hearings and stakeholders consultative forums in the first quarter of 2020 following applications filed by the DisCos asking that it considers their respective 5-year performance Improvement Plans, PIPS.
It explained that the processes for the July 2021 minor review of MYTO – 2020 would consider changes in inflation, foreign exchange, gas prices, and available generation capacity.
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