New Electricity Tariffs from 2012-2015

The New Multi-Year Electricity Tariffs (2012-2015) as agreed upon by the Nigerian Electricity Regulatory Commission and ‘stakeholders’ is as follows:
Residential 2 ( Single and 3 Phase ) 
Consumption Charge: From 11.32 Naira per KWh to 12.99 Naira per KWh
Fixed Charge: 500 Naira per month
Residential 3 ( LV Maximum Demand ) 
Consumption Charge: From 11.32 Naira per KWh to 12.99 Naira per KWh
Fixed Charge: From 16,137 to 37,527 Naira per month
Commercial 2 ( Single and 3 Phase ) 
Consumption Charge: From 18.71 Naira per KWh to 12.99 Naira per KWh
Fixed Charge: From 14,629 to 34,020 Naira per month
Commercial 3 ( LV Maximum Demand ) 
Consumption Charge: From 18.71 Naira per KWh to 22.04 Naira per KWh
Fixed Charge: From 91,427 to 141,748 Naira per month