Talking through their umbrella body, Association of Nigerian Electricity Distributors, the Discos clarified that the new duties requested by the Nigerian Electricity Regulatory Commission would provide food for income deficits in the segment.
In a levy survey explanation notice sent to our journalist by the representative of ANED, Sunday Oduntan, the Discos said the levies will stay as they had been since 2015 however would change from April 2020.
ANED stated, "The Tariffs will continue as before as they by and by seem to be (for example 2015 levels) until April 1, 2020 when there will be a slight addition to provide food for duty deficiencies which will be step by step gave to the customer until this is completely finished before the finish of 2021.
"In perspective on the prior, we state determinedly that there will be no change or increment in the current power duty until April 1, 2020 when the new balanced duties will start to step by step mirror the dynamism of our full scale economy."
The Discos clarified that the NERC was engaged by the Electric Power Sector Reform Act to complete minor audits of the Multi-Year Tariff Order 2015 two times per year.
"NERC has quite recently inspected the MYTO 2015 and has distributed a request on levies and least settlement for January to June 2020.
The levies envision changes in the money trade rates between the United States and Nigeria, changes in the pace of swelling and gas costs," ANED expressed.
It communicated trust that its clarification "considerably explains the exact position and eases any feelings of dread and concerns, our regarded clients may have."
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