Abuja Electricity Distribution Company (AEDC) says it has started implementing the new Service-Reflective Tariff Plan (SRT) across its franchise area from Tuesday, September 1.
Oyebode Fadipe, AEDC’s general manager, Corporate Communications, said the increment in tariffs would result in substantially longer hours of power supply and would also result in a good quality voltage profile, swift response to faults clearing and provision of pre-paid meters.
Fadipe stated that the service-reflective tariff plan is an innovative structure designed to deliver on the need for an upward review of tariff with an attendant caveat that there must be improvement of service in the power sector.
“The service reflective tariff plan signals a new approach to tariff design that is required to ensure equity and fairness in delivering quality service...for further reading, click on https://businessday.ng/energy/power/article/abuja-disco-begins-implementation-of-new-service-based-electricity-tariff/
Source: BusinessDay Newspaper Sept 1, 2020.