…Issues License To Mainpower Electricity Distribution In Enugu
The Enugu State Electricity Regulatory Commission, EERC, on Tuesday took over regulation of the state’s electricity sector from the Nigeria Electricity Regulatory Commission, NERC, as stipulated in the Electricity Act 2023.
At the handover ceremony, the EERC Chairman, Chijioke Okonkwo, explained the reason for the transfer of authority;
“Today completes the six-month transition for the transfer of regulatory authority from the national regulator, NERC, to the EERC, as stipulated in Section 230 of the Electricity Act 2023, and the consequential Order of NERC dated 22nd April 2024.”
“We now take on the monumental responsibility of regulating and guiding the electricity sector in Enugu State. This assumption of regulatory oversight is not just about the transfer of authority, but represents a shared vision for a more efficient, responsive, and innovative electricity market.”
The Chairman further assured the public of EERC’s resolve to build on the strong foundation laid by NERC in effecting positive changes in the state’s electricity sector.
“Our mission is clear: to ensure that Enugu has access to reliable, cost-effective, and sustainable electricity while promoting fairness and innovation in the sector.
“We are here to enhance the quality of life for all residents, businesses, and stakeholders by creating an efficient regulatory environment that fosters growth and transparency,” Okonkwo stated.
Apart from the transition of authority from NERC to EERC, the state regulatory commission also issued a license to Mainpower Electricity Distribution Limited, an EEDC subsidiary set up to take over electricity operations of EEDC in Enugu State effective midnight of Wednesday
This is in line with the new Electricity Act of 2023 which mandates all Discos to carve out subsidiary companies in the states under its franchise.
Hence, Enugu Electricity Distribution Company, EEDC, in compliance with the Act, carved out a subsidiary named Mainpower Electricity Distribution Ltd.; its operations effective start off date is midnight of Wednesday, 23rd October 2024 and it will operate within the Enugu State Ring Fence.
In his speech, Kester Enwereonu, a Board member of Mainpower Electricity Distribution Ltd, assured the public of improved services.
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