IDEAS home Printed from https://ideas.repec.org/a/bjb/journl/v13y2024i7p59-68.html
   My bibliography  Save this article

Comparative Analysis of Electricity Grid Tariffs Versus Generator Costs in Nigeria

Author

Listed:
  • Adebayo, Adeyinka Victor.

    (University of Johannesburg, South Africa)

  • Oladejo, Ismaheel Oyeyemi.

    (Electrical Engineering Department the Polytechnic Ibadan)

  • Adebayo Hussein Kehinde.

    (Ad-Huke Engineering Nig limited)

  • Samuel, Alice Olufunmilola

    (Electrical Engineering Department the Polytechnic Ibadan)

Abstract

The Nigerian electric power industry, pivotal for economic development, faces severe crises affecting its efficiency. This study provides a comparative analysis of electricity grid tariffs and generator costs over the past decade. The analysis reveals frequent tariff changes by the Nigerian Electricity Regulatory Commission (NERC) and rising generator costs due to increasing fuel prices and maintenance expenses. The study highlights the financial burden on Nigerian households and businesses reliant on generators. Data from NERC reports, Nigerian National Petroleum Corporation (NNPC) fuel price records, and industry studies indicate that generator costs have escalated more sharply. At the same time, grid tariffs have increased due to economic and policy changes. This disparity stresses the need for policy adjustments and improved monitoring to stabilise electricity costs and enhance service delivery. Recommendations urge immediate action from policymakers, energy industry professionals, and stakeholders to address the pressing issues.

Suggested Citation

  • Adebayo, Adeyinka Victor. & Oladejo, Ismaheel Oyeyemi. & Adebayo Hussein Kehinde. & Samuel, Alice Olufunmilola, 2024. "Comparative Analysis of Electricity Grid Tariffs Versus Generator Costs in Nigeria," International Journal of Latest Technology in Engineering, Management & Applied Science, International Journal of Latest Technology in Engineering, Management & Applied Science (IJLTEMAS), vol. 13(7), pages 59-68, July.
    • Handle: RePEc:bjb:journl:v:13:y:2024:i:7:p:59-68
    as

    Download full text from publisher

    File URL: https://www.ijltemas.in/DigitalLibrary/Vol.13Issue7/59-68.pdf
    Download Restriction: no
    File URL: https://www.ijltemas.in/papers/volume-13-issue-7/59-68.html
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bjb:journl:v:13:y:2024:i:7:p:59-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://www.ijltemas.in/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.