Feed-in Tariff Regulations, 2015
Overview
The Feed-in Tariff Regulations, 2015, issued by the Nigerian Electricity Regulatory Commission (NERC) under the Electric Power Sector Reform Act 2005, establish a framework to promote renewable energy electricity generation in Nigeria. The regulation sets out purchase obligations for distribution companies to buy electricity from qualified renewable energy generators (QREGs) at fixed tariffs for a specified term. It defines eligible technologies (e.g., solar, wind, hydro, biomass) with capacity caps per technology. The tariff computation methodology includes a tariff order that is reviewed periodically. It mandates a standard form Power Purchase Agreement (PPA) and outlines licensing conditions, evaluation criteria, and governance structures. The document covers objectives, scope, rights and obligations of generators, compliance with technical and legal requirements, monitoring, reporting, and penalties for non-compliance.