Energy

NERC outlines terms for direct power purchase by Discos

The Nigerian Electricity Regulatory Commission on Monday released the newly-approved eligible customers’ law and outlined the terms that would guide the direct purchase of electricity by end-users from power generation companies.

In May this year, the Minister of Power, Works and Housing, Babatunde Fashola, declared that eligible power consumers would be free to purchase electricity directly from the Gencos.

By declaring eligible customers, the minister empowered the consumers to buy electricity directly from licensees other than the power distribution companies, a development that the Discos opposed.

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