The Economic Regulation Division serves as the commercial anchor of the commission. We balance the economic needs of the Nigerian Electricity Supply Industry (NESI) by setting fair tariffs, evaluating new market entrants, and fiercely protecting consumers against market monopolies.

The Division executes its mandate through three specialized departments:

Market Development: Vets the commercial and financial viability of all new license applications, ensuring only robust operators enter the market to drive sustainable sector growth.

Tariff and Charges: Calculates and structures cost-reflective electricity tariffs. This team balances fair, transparent pricing for consumers with the revenue required by utilities to maintain and expand the national grid.

Market Surveillance: Acts as the sector’s watchdog. This team actively monitors trading behaviors and market operations to enforce fair play, prevent anti-competitive practices, and stop the abuse of market power.