‘It’s debt accumulation’ — GenCos oppose tariff cut by Enugu power regulator

[NigerianEye - Nigeria] - 21/07/2025
Electricity generation companies, under the aegis of the Association of Power Generation Companies (APGC), say the Enugu Electricity Regulatory Commission’s (EERC) planned cut for Band A tariff will lead to further debt accumulation. In a statement on Sunday, the EERC said it had approved a new tariff for MainPower Electricity Distribution Limited, cutting the Band A rate from N209 per kilowatt-hour (kWh) to N160/kWh — down by N49. The new tariff is expected to take effect from August 1. The EERC described the new order as cost-reflective, saying the tariff was designed to reflect the (…)
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