NERC Adopts AFUR Mini-Grid Tariff Tool for Nigeria

Chioma Eche, Abuja

432

The Nigerian Electricity Regulatory Commission (NERC) has announced the formal adoption and release of the African Forum for Utility Regulators (AFUR) mini-grid Tariff Tool for Nigeria.

NERC also said that from Monday, 16 December 2024, mini-grid developers will be required to use the tool to file permit applications at the Commission.

According to a statement on the Commission’s official X handle, the tool, developed in collaboration with AFUR and key stakeholders, would enhance the process of determining cost-reflective tariffs for mini-grid projects to ensure fair and efficient pricing.

The Commission further stated that the tool will also support the implementation of the 2023 amended Mini-Grid Regulations by introducing new features such as Portfolio Applications, which allow developers to register multiple mini-grid sites under a single application.

Also Read: Nigerian Government Vows To Adopt Measures To Address Grid Collapse

“This simplifies processes, fosters efficient regulatory oversight and benefits from economies of scale, helping to reduce end-user tariffs for mini-grid projects.

“Furthermore, the AFUR mini-grid tariff tool is expected to be rolled out across 30 African countries in the coming years, bringing regulatory consistency to the mini-grid subsector and making it easier for project developers to operate across jurisdictions,” the commission stated.

The NERC added that the tool is now available for download on the Commission’s website.

Comments are closed.