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Published On: Fri, Feb 28th, 2020

YEDC customers, stakeholders meet on proposed electricity tariff review

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From Umar Dankano,Yola

The Yola Electricity Distribution Company,YEDC has held a stakeholders consultative sensitization meeting to its teeming customers on the proposed extraordinary tariff review.
Declaring the session open in Yola Thursday,Managing Director of the Company,Engineer Mustapha Baba Umara said the Nigerian Electricity Regulatory Commission,NERC charge with the responsibility of ensuring that consumers or customers have value for their money after service provision is part of this move for fairness.
Engineer Umara urged invited stakeholders to contribute their stands on the review with open mind so that it can guide the constituted authorities in implementing the views of the populace.
He assured the stakeholders that the distribution company will stick unbiased services to all manner of customers and address cases of customer merger challenges.
In his submission,Head of Marketing and Customer Care,Mallam Mustapha Usman took,the stakeholders at the meeting to the technical over view of the proposed extraordinary tariffs review.
Usman stated that the government is introducing this new approach purposely for performance improvement plan as backed by S.76(2) of the NERC which dwells on adoption of improvement methodology.
He assured customers that the revenue to be generated from the new tariff if implemented would be channeled towards eliminating areas of inefficiency of the company
He added that if the proposed tariffs review fails then the company will record a shortfall of N48,216,000,000 while if it scales through a approximate gain of over N6 billion will be realized in 2020/2021 respectively.
However,while responding on the issue,most the customers and stakeholders opined that provided there will be improved and steady electricity supply services ,they welcomed the proposed extraordinary tariff review wholeheartedly.

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