The Enugu Electricity Distribution Company, EEDC, says that the recent minor electricity tariff adjustment of about 13 per cent reflects economic realities meant to keep the electricity industry alive.
The Head, Corporate Communications of EEDC, Emeka Ezeh, disclosed this to the News Agency of Nigeria in Enugu on Sunday.
NAN reports that the tariff rate for Non-MD customers under R2SB class increased from N58.47 to N66.47 per kilowatt.
Mr Ezeh spoke on the sidelines of complaints by some customers over the surprise increase in tariff per kilowatt they noticed which cuts across all categories of customers within the company’s network franchise area in the South-East.
He said that the minor adjustment, which took effect from Dec. 1, 2022, was approved by the Nigerian Electricity Regulatory Commission, NERC some months ago across all electricity distribution companies in the country.
According to him, there is a minor adjustment by some percentage across board in the whole electricity distribution companies nationwide currently and it is not peculiar to EEDC alone.
He said: “The minor increase in the rate of tariff approved by NERC is for Electricity Distribution Companies (DisCOs) to meet up with the current economic realities in the power/electricity sector.
“Currently, the sector is seriously affected by the high inflationary rate in the country; as it affects our daily operational maintenance and services to our esteemed customers in our network.
“The issue of high foreign exchange rate is affecting our business too in terms of importing most of our spare parts needed for daily maintenance and repairs in the network.
“The high foreign exchange rate also impact on EEDC ever increasing investment on installations to further expand and fortify the network, leading to the improved services customers are experiencing within the South-East.”
The EEDC spokesman appealed for the understanding of its esteemed customers, adding that if the indices mentioned and other factors “turn positive tomorrow; we belief that NERC will review the tariff downwards”.
“The recent development is for us to remain in business, service our customers better and maintain obligations to other stakeholders within the sector/industry,” he added.
NAN
