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New tariff: EEDC complies, reverts to old rate

Consistent with the order issued by the Nigerian Electrical energy Regulatory Fee (NERC), the Enugu Electrical energy Distribution PLC (EEDC) has confirmed its reversal to the outdated electrical energy tariff.

DAILY POST stories that the EEDC had suspended the Multi 12 months Tariff Order (MYTO) 2020, for a interval of 14 days with impact from September 28, 2020 to October 11, 2020.

This was a fallout of the settlement reached between the organized labour and the Federal Authorities, resulting in the suspension of the nationwide strike over the increment within the costs of petrol and electrical energy.

The Order, which was signed by NERC Chairman, James Momoh and Commissioner, Authorized, Licensing & Compliance, Dafe Akpeneye, is in compliance with a joint communique issued by the Federal Authorities of Nigeria (FGN) and the Labour Unions, the place it was agreed that the not too long ago reviewed tariff be suspended by the Fee for 14 days to additional seek the advice of and finalize negotiations between the events.

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In response to a launch issued by the Head of Company Communications, EEDC, Mr. Emeka Ezeh on Thursday, he stated the EEDC has already complied with the directive.

“With this improvement, pay as you go prospects of EEDC who skilled instant affect of the reviewed tariff throughout their recharge between twenty eighth to thirtieth September, 2020, the distinction between the reviewed tariff and outdated tariff for the three days will probably be credited to the shoppers wallets, which they will use to recharge their meters in future; whereas for the remaining 11 days (1st to eleventh October, 2020), all merchandising actions will probably be on the outdated tariff.

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“In the identical vein, for postpaid prospects, the distinction between the reviewed tariff and the outdated tariff for the 14 days interval will probably be computed and credit score adjustment effected for the affected prospects (that’s crediting their respective accounts with the distinction).

“It would, nonetheless, be famous that some class of shoppers weren’t affected by the reviewed tariff, as their tariff was frozen and so they have been nonetheless paying their payments utilizing the outdated tariff. These are prospects that fall beneath Bands D and E. They may proceed paying/merchandising with the outdated price.

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“The Order issued by NERC additional directed that “all tariffs for end-use prospects and market obligations of the distribution corporations through the 14-day suspension shall be computed on the premise of charges relevant as at August 31, 2020.”

“EEDC assures her esteemed prospects of its unrelenting dedication in the direction of persistently enhancing its infrastructure to ship environment friendly, dependable and high quality providers,” Ezeh stated.

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