The Transmission Company of Nigeria (TCN) sent out 3,009MW to the 11 electricity Distribution Companies (DisCos) on Sunday at 17:39 hours.
This is despite the Nigerian Electricity Regulatory Commission (NERC) April 2024 Supplementary Multi-Year Tariff Order (MYTO) that adjusted the rate of the band A customers from N68.9 per kilowatt hour to N225KWh.
Its Independent System Operator made this known on its load profile platform.
The kernel of the upward tariff adjustment is that the band is guaranteed a minimum of 20-hour supply daily, owing to the resultant increased revenue from improved service.
Yet, in terms of generation of the same day the System Operator added in its “Hourly Generation by Generation Companies GenCos,” at 15:00 hour on the same day was 3,370MW from 16 companies.
The data showed that Dandikowa and Delta Gas generated 0MW.
According to the TCN, the SO sent out 4,045.17MW to 11 DisCos on 6th April 2024 and the GenCos produced an average of 4,045MW on the same day.
The TCN further noted that on 5th April, 2024, the SO sent out an average of 4,066MW to the 11 DisCos.
It also noted that the GenCos produced an average of 4,123MW on the same day.
On April 3, 2024, NERC announced the hike of tariff for band A customers, explaining that the cost of gas has changed from $2.18/MMBTU to $2.42MMBTU.
