The Port Harcourt Electricity Distribution Company says it has started the implementation of the new electricity tariffs based on the order of the Nigerian Electricity Regulatory Commission .
He said: “Each of these bands has three classes of customers namely Non-Maximum Demand , MD 1 and MD 2 which represents customers previously known as residential, schools and churches and industrial customers respectively. “MD customers such as schools, churches, supermarkets and street lights will pay N54.80. Also, industrial customers such as manufacturing companies will pay N52.20 in the same category.
“In pursuant of the authority given under Section 76 of the EPSR Act 2005, NERC established a methodology for determining electricity tariff in the Nigerian Electricity Supply Industry and subsequently issued a tariff order called MYTO that sets out tariff for the generation, transmission and distribution of electricity in Nigeria.”
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheNationNews - 🏆 6. / 69 Read more »
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Source: DailyPostNGR - 🏆 11. / 59 Read more »