NERC Adopts AFUR Mini-Grid Tariff Tool for Nigeria
PRESS RELEASE
NERC FORMALLY ADOPTS THE AFRICAN FORUM FOR UTILITY REGULATORS MINI-GRID TARIFF TOOL FOR NIGERIA
The Nigerian Electricity Regulatory Commission (“Commission”) is pleased to announce the formal adoption and release of the African Forum for Utility Regulators (“AFUR”) mini-grid Tariff Tool. The tool, developed in collaboration with AFUR and key stakeholders, enhances the process of determining cost-reflective tariffs for mini-grid projects to ensure fair and efficient pricing.
The tool supports implementing the amended Mini-Grid Regulations 2023 by introducing new features such as Portfolio Applications, which allows developers to register multiple mini-grid sites under a single application. 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.
Effective Monday, 16 December 2024, mini-grid developers will be required to use the tool to file permit applications at the Commission.
The tool is now available for download on the Commission’s website https://nerc.gov.ng/resources/afur-minigrid-tarrif-tool/,
Signed
Management
NERC FORMALLY ADOPTS THE AFRICAN FORUM FOR UTILITY REGULATORS MINI-GRID TARIFF TOOL FOR NIGERIA
The Nigerian Electricity Regulatory Commission (“Commission”) is pleased to announce the formal adoption and release of the African Forum for Utility Regulators (“AFUR”) mini-grid Tariff Tool. The tool, developed in collaboration with AFUR and key stakeholders, enhances the process of determining cost-reflective tariffs for mini-grid projects to ensure fair and efficient pricing.
The tool supports implementing the amended Mini-Grid Regulations 2023 by introducing new features such as Portfolio Applications, which allows developers to register multiple mini-grid sites under a single application. 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.
Effective Monday, 16 December 2024, mini-grid developers will be required to use the tool to file permit applications at the Commission.
The tool is now available for download on the Commission’s website https://nerc.gov.ng/resources/afur-minigrid-tarrif-tool/,
Signed
Management
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