NEPA 50% Electricity Tariff Increase
Just two months after the last round of controversial electricity price hikes. The Nigerian Electricity Regulatory Commission has strongly denied increasing the electricity tariff by 50 per cent. In a statement issued Tuesday, the Commission said a 50 per cent increment was not part of the tariff order for electricity distribution companies which took effect on January 1, 2021.
“The tariff for customers on service bands D & E (customers being served less than an average of 12hrs of supply per day over a period of one month) remains frozen and subsidised in line with the policy direction of the FG.
In compliance with the provisions of the EPSR Act and the nation’s tariff methodology for biannual minor review, the rates for service bands A, B, C, D and E have been adjusted by NGN2.00 to NGN4.00 per kWhr to reflect the partial impact of inflation & movement in forex.”
Nigerians Going Solar to beat Electricity Tariff Hikes
Frequent electricity tariff hikes as well as increases in fuel pump prices, has resulted in an unprecedented surge in demand for Solar Panels, Inverters and Deep Cycles Batteries.
Every day more Nigerians are having solar panels fitted to their homes enabling them to generate their own electricity. While the initial cost of installing Solar may be considered high by some, in the long run, those who invest in Solar can expect a high return on investment.
DON’T YOU SELL SOLAR INVETTERS AND SOLAR CHARGING PANELS? BEACUSE ALL I SAW WAS INVERTERS AND DEEP CYCLE BATTERIES. THE BEST WAY TO REALLY EXPERIENCE MINIMAL POWER OUTAGES AND SPEND LESS ON ELECTRICITY. IN THIS LIGHT, I STRONGLY THINK IT IS BETTER TO GET SOLAR INVERTERS, SOLAR PANELS AND DEEP CYCLE BATTERIES RATHER THAN WHAT YOU ADVERTISED. THANK YOU