…Defends alleged over-billing.
by Achadu Gabriel, Kaduna
Kaduna Electricity Distribution Company (KAEDCO) has said it will commence the metering of consumers any moment from next month, November 2020.
The metering exercise, which will be done in phases, would begin with 800 consumers upwards.
Managing Director and Chief Executive Officer of the company, Engr. Garba Haruna, made the promise this Wednesday why defending the general outcry over alleged overbilling 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 Deta and other sources required payment.
The MD, during an interactive chat with journalists, said they’ve no intention to increase 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 douse the tension over the increase, 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 consumers.
“Multi Year Tariff Order (MYTO) is a methodology used by the Nigerian Electricity Supply Industry (NESI) as a unified 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, KAEDCO 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.