NERC grants Plateau regulatory power on electricity

The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory authority of the electricity market in Plateau State to the Plateau State Electricity Regulatory Commission (PSERC). In a statement, it said the transfer was based on the state government complying with the conditions precedent in the laws and duly notified NERC and requested […]

The Nigerian Electricity Regulatory Commission (NERC) has announced the transfer of regulatory authority of the electricity market in Plateau State to the Plateau State Electricity Regulatory Commission (PSERC).

In a statement, it said the transfer was based on the state government complying with the conditions precedent in the laws and duly notified NERC and requested for the transfer of regulatory oversight of the intrastate electricity market in Plateau State

“Recall that with the EA 2023, the commission retains the role as a central regulator with regulatory oversight of inter-state/international generation, transmission, supply, trading and system operations. The EA also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the state regulator.”

The statement added that the  transfer Order by NERC has some provisions, which include; the incorporation of a subsidiary by the Jos Electricity Distribution Plc (JED), (JED SubCo) to assume responsibilities for intrastate supply and distribution of electricity in Plateau State from JED.

“JED shall complete the incorporation of JED SubCo within 60 days from 12th March 2025. The sub-company shall apply for and obtain licence for the intrastate supply and distribution of electricity from PSERC, among other directives. All transfers envisaged by this order shall be completed by 12th September 2025.”