PHED begins public consultation on extraordinary tariff review

The Port Harcourt Electricity Distribution Plc has concluded arrangement to host public consultation for its valued customers in Akwa Ibom, Bayelsa, Cross River and Rivers states ahead of the proposed tariff review that is expected to be effective from April 1, 2020 as directed by the Nigerian Electricity Regulatory Commission, NERC.

The Manager, Corporate Communications, PHED, John Onyi in a statement said that various dates have been chosen in the company’s franchise area starting from February 29, 2020 in Calabar; March 6, 2020 in Uyo, March 12, 2020 in Port Harcourt and March 20, 2020 in Yenagoa by 11.00am in each centre for the forum.

A Multi Year Tariff Order, MYTO, is a framework for regulating the licensees [ Discos ] over a period of time by the Nigerian Electricity Regulatory Commission, NERC, which was reviewed in 2015 based on ;exchange rate, gas pricing, inflation rate and generation capacity.

The forum which will feature presentation on the business life cycle before privatization, achievements and challenges post privatization and future investments in correlation with the tariff review.
The public consultation would also afford customers the opportunity of interacting and eliciting feedback from PHED management team and officials from the NERC.

“Public consultation on proposed tariff review with effect from April 1,2020 under the Multi Year Tariff Order, MYTO, in line with the directive of Nigerian Electricity Regulatory Commission, NERC, will be held across PHED’s coverage area” Onyi said.

The planned tariff review according the statement, when effected, would aid network expansion and rehabilitation, improved customers’ satisfaction, reduction in complaints, increase in power availability, elimination of estimated bill through proper metering, among others, Onyi revealed.

He therefore, urged customers to avail themselves and be part of the success story in driving the electricity industry to greater heights through meaningful insights.

 

Source: PHED

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