Harrison EDEH
THE Nigerian Electricity Regulatory Commission (NERC) has developed the regulatory capacity of the Imo State Electricity Regulatory Commission (ISERC) through a two-day training programme on electricity tariff methodology.
NERC in it’s official X handle on Friday, October 16, said the capacity-building session, themed “Tariff Methodology in the Nigerian Electricity Supply Industry,” was organised to deepen participants’ knowledge of tariff regulation, pricing principles, revenue requirement assessments and tariff modelling.
Speaking at the programme, the Head of International Relations and Stakeholder Secretariat, Stakeholder Management Division, NERC, Regina Osuagwu, reaffirmed the commission’s commitment to supporting state electricity regulatory commissions through technical assistance, capacity development and knowledge-sharing initiatives.
She said the initiative was part of NERC’s efforts to strengthen regulatory expertise across Nigeria’s evolving electricity market, particularly as states assume greater responsibilities for regulating electricity within their jurisdictions.
The programme also focused on the implications of the ongoing decentralisation of electricity regulation under the Electricity Act and the need for state regulators to develop the technical expertise required to oversee their respective electricity markets effectively.
NERC emphasised that an effective tariff framework was essential to building a financially sustainable electricity industry capable of attracting investment, recovering operational costs, improving efficiency and delivering better services to consumers.
Key sessions featured discussions on the principles and framework for electricity tariff setting in Nigeria, with participants examining the regulatory, economic and technical factors that influence tariff determination.
Participants also received practical insights into tariff modelling, revenue requirement assessments and the determination of end-user tariffs, including approaches to establishing cost-reflective electricity prices while safeguarding consumer interests.
The commission noted that a well-designed tariff system was critical to balancing the financial sustainability of electricity operators with the need to ensure fairness and protect consumers.
The training forms part of NERC’s broader efforts to assist state electricity regulatory commissions in building the technical competencies needed to discharge their statutory responsibilities and promote effective regulation within their respective electricity markets.
