Kaduna – Mr Garba Haruna, the Managing Director, Kaduna Electric, on Tuesday pledged to be fair with its customers over the new electricity tariff regime proposed for February.
Kaduna Electric are the operators of Kaduna Electricity Distribution Company.
Haruna gave the assurance on Tuesday in a statement made available to the News Agency of Nigeria (NAN) in Kaduna.
The statement signed by the Head, Corporate Communications of the Company, Abdulazeez Abdullahi, quoted Haruna as saying the new tariff represented the “fairest and near-perfect“ regime to all stakeholders.
He assured customers of the company’s fair treatment with efficiency and transparency in handling the new tariff regime.
NAN reports that the Kaduna Electric is in charge of power supply in Kaduna, Sokoto, Zamfara and Kebbi states.
He said the tariff was a product of a deep and painstaking study of the current socio-economic situation in the country.
“It seeks to have a very conservative look at the expected changes in macro-economic indices such as rate of inflation, exchange rate, gas price and generation capacity.
“The tariff approved for each distribution company comprises the estimated share of power costs, transmission cost, institutional charges and distribution/retail cost.
“The new tariff regime is not only about upward review of electricity tariff, but it aims at establishing a fair and cost reflective tariff for the entire industry.
“In fact, with the much expected efficiency in the industry, the tariff will take a downward trend in the fourth year,’’ he said.
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The Kaduna Electric boss assured consumers of the company’s commitment to attract adequate investment in network expansion and development, including provision of pre-paid meters.
Haruna also assured of the replacement of weak and obsolete equipment as well as improve the ICT facilities as required in the service level agreement with the electricity regulatory body.
It would be recalled that the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, in December 2015 said that the new tariff would be effective from February. (NAN)
