Mixed feelings as new electricity tariff kicks off

TVC E, BUSINESS – As the new electricity tariff regime kicks off on Monday, many consumers have expressed anxiety, ahead of the planned increase.

The new tariff comes with an increase in electricity charges in the 11 Distribution companies as the Nigerian Electricity Regulatory Commission integrates the Fixed Charge component in the adjusted Multi Year Tariff Order.

Chief Executive Officer of the Eko electricity distribution company, the reviewed tariff is meant to help the discos meet cost of distributing electricity to Nigerians.