x

Kaduna Electric to commence metering next month – MD

Must read

..Defence alleged over billing 

By Ujah Simon, Kaduna
Kaduna Electricity distribution company (KADECO) said it’ll commenced the metering of consumers any moment from month, November 2020.
The metering exercise which will be done in phases would begin with 800 consumers upwards.
The Managing Director and Chief executive officer of the company Engr. Garba Haruna made the promise on Wednesday why defending the general outcry over alleged over billing in September Electricity bills across the state. He said 80 Percent of kilowatt of the power consumed in the country comes from gas exploration in Niger Delta and other sources required payment.
The MD, during a interactive chat with journalists, said they’ve no intention to increased electric bills adding that the hike in Tariff was due the cost of services including generation, transmission and distribution of gas and energy.
On what could be done to down the tension over the increased, the company said Electricity is a business requiring better tariff for quality services.”Electricity Tariff is the cost of service of a unit electricity generated, transported,retailed and serviced to a consumer.
“Multi Year Tariff Order (MYTO), is a methodology used by the Nigerian Electricity Supply Industry (NESI) as a unfiled way to determine total industry Revenue Requirement (RR).”It enables recovery of costs and allows reasonable profits to Genco, Transmission, Discos, Regulators, Bulk Trader and other licensees and participants”, they said.
During power point presentation, KADECO, said the “Rationale for the Price Change -Cost-Reflective Tariff required full efficient cost records mandated by the $76, of the EPSR Act, 2005. 
According to him, quality of power supply suffered if deficiency occurred within the production generation and distribution chains in terms poor payment.

Copyright DAYBREAK.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from DAYBREAK NEWS.

More articles

1506 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article