Current track

Title

Artist

Background

NERC threatens sanctions against DisCos over low power supply

Written by on July 10, 2024

The Nigerian Electricity Regulatory Commission, NERC, has threatened sanctions against electricity distribution companies or DisCos if they failed to take up at least 95 per cent of the total monthly energy allocated for distribution.

In the commission’s Order on Performance Monitoring Framework for all the DisCos, the market operator rolled out touch sanctions against utility firms that commit infractions capable of inflicting pain on electricity consumers.

Among other things, NERC says it would reduce five per cent of the administrative, and operational expenditure of any DisCo that failed to offtake at least 95 per cent of the total energy allocated to it for distribution monthly.


Reader's opinions

Leave a Reply

Your email address will not be published. Required fields are marked *