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    NERC reduces IBEDC “Band A” feeders to 30, downgrades 28 feeders to B, C, D E in Oyo, Ogun, Kwara, Osun states
    April 7, 2024DistributionNewsPower

    NERC reduces IBEDC “Band A” feeders to 30, downgrades 28 feeders to B, C, D E in Oyo, Ogun, Kwara, Osun states

    … Oyo State House and Dugbe Awolowo feeders downgraded to Band C (14hrs) and Band D (11hrs) respectively   … Obasanjo Farm drops from Band A to Band E with 7-hour power supply   Oredola Adeola   The Ibadan Electricity…

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    PETAN throws weight behind President Tinubu’s oil, gas production drive
    April 6, 2024FeatureMidstreamNewsOil & GasUpstream

    PETAN throws weight behind President Tinubu’s oil, gas production drive

    …commits to strengthening partnership with Energy Correspondents   The Petroleum Technology Association of Nigeria (PETAN) has pledged its backing to the President Bola Tinubu-led administration’s drive to boost Nigeria’s oil and gas output for optimal returns, assuring that the country…

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    Our smart meters are configured to combat bypassing, revolutionize payment monitoring for DisCos – De-Haryor Global Services
    April 6, 2024DistributionNewsPower

    Our smart meters are configured to combat bypassing, revolutionize payment monitoring for DisCos – De-Haryor Global Services

      Oredola Adeola   Engr. Ashade Olatunbosun, the CEO of De-Haryor Global Services Limited, has revealed  that his company’s advanced smart meters, currently being installed in Army barracks across the country, are designed to prevent bypassing and ensure effective monitoring…

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    NERC orders DisCos to refund overcharged customers by April 11 with energy tokens
    April 6, 2024DistributionNewsPower

    NERC orders DisCos to refund overcharged customers by April 11 with energy tokens

    Oredola Adeola   In response to the public outcry stemming from errors in the reclassification of some Band A customers to a lower band, the Nigerian Electricity Regulatory Commission (NERC) has mandated all electricity distribution companies (DisCos) to promptly refund…

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    Band A tariff review: Minister of Power, Adelabu announces gradual phase-out of electricity subsidy over three years
    April 5, 2024DistributionNewsPower

    Band A tariff review: Minister of Power, Adelabu announces gradual phase-out of electricity subsidy over three years

    Oredola Adeola   Chief Adebayo Adelabu, Minister of Power, has revealed the Federal Government’s plan to phase out electricity subsidy and transition to full implementation of Cost Reflective Tariffs (CRT) over the next few years, adding that the recent MYTO…

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    NERC fines Abuja DisCo ₦200m for violation of new tariff order, directs customer refunds
    April 5, 2024DistributionNewsPower

    NERC fines Abuja DisCo ₦200m for violation of new tariff order, directs customer refunds

      Oredola Adeola   The Nigerian Electricity Regulatory Commission (NERC) has imposed a Two Hundred Million Naira (NGN200,000,000) fine on Abuja Electricity Distribution Plc (AEDC) for improperly applying an approved tariff increase to customers in bands B, C, D, and…

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    UPDATED: Ikeja Electric unveils 45 premium feeders’ locations in response to NERC’s Band A tariff hike
    April 5, 2024DistributionNewsPowerTransmission

    UPDATED: Ikeja Electric unveils 45 premium feeders’ locations in response to NERC’s Band A tariff hike

    … 5-step guide for customers to discover their feeder bands   Oredola Adeola Ikeja Electric (IE) has introduced 45 distinct feeders across multiple locations designated under the 11kV Band “A” Feeders, aligning with the Nigerian Electricity Regulatory Commission’s updated rates…

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    IBEDC reconnects UCH after almost 3 weeks of outages
    April 4, 2024DistributionNewsPower

    IBEDC reconnects UCH after almost 3 weeks of outages

    …UCH settles over 10% of N494million electricity bills owed to IBEDC   Oredola Adeola   After three grueling weeks of total power outages, the University College Hospital (UCH), Ibadan, Oyo State, has finally been connected to the national grid, after…

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    General Electric splits into two, Vernova unit emerges as independent powerhouse
    April 4, 2024FeatureGenerationNewsPowerRenewablesTechnology

    General Electric splits into two, Vernova unit emerges as independent powerhouse

    Oredola Adeola   General Electric (GE) has completed the spin-off of GE Vernova, its renewable energy, power, and digital businesses, which has begun trading on the New York Stock Exchange (NYSE) under the ticker symbol “GEV” as a standalone company.…

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    Band A Tariff Review: All-Electricity Consumer Protection Forum gives 72-hour ultimatum to NERC, threatens legal action, protest 
    April 4, 2024DistributionNewsPower

    Band A Tariff Review: All-Electricity Consumer Protection Forum gives 72-hour ultimatum to NERC, threatens legal action, protest 

        Oredola Adeola   The All-Electricity Consumer Protection Forum has given the Nigerian Electricity Regulatory Commission (NERC) a 72-hour ultimatum to withdraw its minor review of tariffs in the Band A category or face court action and a protest…

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