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NERC

Customer exploitation: FCCPC hits Ikeja Electric, seals office

Sopuruchi Onwuka Officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Thursday swiftly sealed the head office of the Ikeja Electric Distribution Company (IKEDC), also called Ikeja Electric which operates the networks in the inland Lagos State and…

NERC marks 20 years of regulating electricity sector

Sopuruchi Onwuka The Nigerian Electricity Regulatory Commission (NERC) has announced plans to commemorate its 20th anniversary, marking two decades of regulatory oversight and policy reforms that have shaped the Nigerian Electricity Supply Industry (NESI). Established on October 31, 2005, under…

Receivership: Ikeja Electric launches aggressive revenue drive

Sopuruchi Onwuka The field officers and corporate executives of the Ikeja Electricity Distribution Company, popularly called Ikeja Electric, are currently on rampage to compel non-performing customers to turn up with payments. Expectedly the aggressive debt recovery effort propelled by pressure…

Contract Activation: Geometric Power lays viability template for NESI

Nnaji calls for grid decentralization Sopuruchi Onwuka Activation of contract governed transactions among all players in the gas-to-power programme of the government holds potential to arrest the worsening debt overhang in the sector and also improve all efficiency levels in…

NERC to challenge Discos with embedded generation

Sopuruchi Onwuka Electricity Distribution companies in the country will soon be required by the industry regulator to boost supply hours with electricity generated internally within their network concessions. The Oracle Today reports that the requirement which is currently being articulated…

NERC vows improved power supply from July 1

Sopuruchi Onwuka Homes and businesses in the country will begin get energy cost relief by next month when the Nigerian Electricity Regulatory Commission (NERC) has determined for total reset of the commercial relay designed to guarantee steady supply of electricity…

NERC lays commercial incentives for power supply improvement

Assures sustainable market for meter producers Sopuruchi Onwuka Federal government has declared plans for sustainable capacity growth in the nation’s electric power sector through performance based incentives for players, especially the distribution companies that would stake significant investments in advancing…