Ikeja Electric Complies With NERC’s Directive, Suspends New Electricity Tariff


Ikeja Electric Complies With NERC’s Directive, Suspends New Electricity TariffIkeja Electric has on Thursday said it has suspended the new electricity tariff for the next two weeks in compliance with the Nigerian Electricity Regulatory Commission (NERC) directive.

It made this known in a statement which reads;

Dear Esteemed customers, this is to inform you that we have fully complied with the Order from the NERC to suspend the new Service Reflective Tariff (SRT) for the next two weeks.

Within this period, the tariffs for all customers shall be based on rates applicable as at 31 August 2020.

This suspension of tariff increment came days after NERC ordered the suspension of the new tariffs following a protest from labour unions.

The commission’s suspension order of the Multi Year Tariff Order (MYTO) 2020 signed by NERC’s chairperson, James Momoh, was released on its website.

The order by NERC said that from September 28 to October 11, the DisCos must revert all charges to the tariff existing as of August 31.

It stressed;

This means that for the next two weeks, electricity consumers having power above 12 hours who were affected by the over 100 per cent tariff hike would revert to their old charges.

The increment was one of the reasons labour unions threatened to hold a nationwide strike last Monday.

Read Also: NLC Strike: Labour Calls Off Planned Strike As FG Suspends New Electricity Tariff For Two Weeks

However, the strike was shelved after Federal Government reached a compromise with the labour unions. The government ordered that the increase in tariffs be suspended for two weeks until investigations into the justification of the electricity tariff hike is completed.

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