NGX | United Capital Research Investment Views - 4th May 2021 to 7th May 2021

    In the past week, the National Electricity Regulatory Commission (NERC) highlighted plans to review electricity tariffs for eleven (11) discos. The potential tariff hike stems from the Multi-Year tariff review, which allows the NERC to apply minor reviews to the tariff template every six (6) Months. Reviews can be applied to the pricing template to reflect changes in the parameters such as inflation, exchange rate, and available generation capacity and capital expenditure. The NERC noted it would consult with stakeholders before applying a hike.

     

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