There have been speculations of another tariff review in July, which would push tariffs up by 40 per cent. However, the Assistant Manager of Public Affairs, NERC, Mary Anavhe, told“There has not been any decision yet. We will get back when a decision is reached,” she toldDuring the quarter under review, the Aggregate Technical, Commercial and Collection loss also dropped by 1.24 per cent to 44.15 per cent compared to 45.39 per cent 2022/Q3.
The ATC&C Loss provides a comparative report of how much revenue a Disco is able to collect relative to how much it should have collected based on the volume of energy it received and sold to customers. In recognition of the fact that not all revenue can be collected, the tariff methodology makes an allowance for ATC&C–efficient losses.
NERC disclosed that no Disco met the efficient loss reduction targets specified in the approved tariff order in 2022/Q4. This means that all Discos under-recovered their required revenues during the period. The Discos with the highest differential did not recover sufficient revenues to meet their upstream market obligations, according to the report.
“Discos have an imperative to employ technologies and operational procedures that will increase both billing and collection performances so as to forestall long-term financial challenges. These could include holistic energy accounting procedures, customer and infrastructure metering, among others,” NERC stated.All rights reserved.