Direct Sale Of Electricity To End Users Coming Soon

There will be direct sale of electricity products to end users according to the Association of Power Generation Companies (APGC).

Association of Power Generation Companies, says the Federal Government’s directive on direct sale of electricity to end users, has brought relief to the industry as it will address major challenges in the nation’s power sector.

It should be noted that the Federal Government had through the Nigerian Electricity Regulatory Commission (NERC) announced on May 19, 2017 that “GenCos in Nigeria are now free to generate and sell electricity to end-users in Nigeria”.

The information was given by Dr Joy Ogaji the Executive Secretary of APGC, at the news conference held in Abuja on Wednesday.

‘Eligible Customers’ Regime”, which is the theme given by the government is in line with the provisions of Section 27 of the Electric Power Sector Reform Act 2005 (EPSRA).

The federal government decision when fully implemented, it would have no or very little interference on determination of power generated in the country. 

It should be noted that there are 11 electricity distribution companies in the country.

Continuing, the Executive Secretary of APGC, said that the development would also result in the creation of jobs, given the availability of adequate power in the country.

“ The impact will create jobs with enough power made available to eligible customers who are willing to increase production.

“ The direct effect of this will be a working and stabilized economy for all,” she said.

According to her, the decision by the government was a step in the right direction, given the challenges in the power industry.

“With stranded generation capacity in the electricity market and poor market liquidity, declaration of eligible customer is a brilliant way to liberate the electricity sector from the current monopoly by some under-performing companies.

“Although, there might be some misconceptions on this long awaited move by the government, the impact of the implementation on the market will silence the critics.

“The government cannot fold its arms while the gains of Power Sector privatisation dwindle to zero, benefiting only a few.” While dismissing the fear that residential consumers would not be affected by the decision.

There will be direct sale of electricity products to end users according to the Association of Power Generation Companies (APGC).

Association of Power Generation Companies, says the Federal Government’s directive on direct sale of electricity to end users, has brought relief to the industry as it will address major challenges in the nation’s power sector.

It should be noted that the Federal Government had through the Nigerian Electricity Regulatory Commission (NERC) announced on May 19, 2017 that “GenCos in Nigeria are now free to generate and sell electricity to end-users in Nigeria”.

The information was given by Dr Joy Ogaji the Executive Secretary of APGC, at the news conference held in Abuja on Wednesday.

‘Eligible Customers’ Regime”, which is the theme given by the government is in line with the provisions of Section 27 of the Electric Power Sector Reform Act 2005 (EPSRA).

The federal government decision when fully implemented, it would have no or very little interference on determination of power generated in the country. 

It should be noted that there are 11 electricity distribution companies in the country.

Continuing, the Executive Secretary of APGC, said that the development would also result in the creation of jobs, given the availability of adequate power in the country.

“ The impact will create jobs with enough power made available to eligible customers who are willing to increase production.

“ The direct effect of this will be a working and stabilized economy for all,” she said.

According to her, the decision by the government was a step in the right direction, given the challenges in the power industry.

“With stranded generation capacity in the electricity market and poor market liquidity, declaration of eligible customer is a brilliant way to liberate the electricity sector from the current monopoly by some under-performing companies.

“Although, there might be some misconceptions on this long awaited move by the government, the impact of the implementation on the market will silence the critics.

“The government cannot fold its arms while the gains of Power Sector privatisation dwindle to zero, benefiting only a few.” While dismissing the fear that residential consumers would not be affected by the decision.

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