Abia - Members of Aba Industrialists Association (AIA) on Thursday called for a reversal of the hike in tariff by Enugu Electricity Distribution Company on industries.
The call is contained in a communiqué issued at the end of AIA meeting. It was signed by Emma Obi and Ehisianya Christin, Chairman and Secretary respectively.
They said the new tariff was capable of throwing them out of business, saying it was therefore unacceptable to them.
The industrialists said that under the new electricity tariff, a company which paid N900 000 in December 2014 would pay N2.4m in February.
They said it was unfortunate that the new tariff had not been matched with improved power supply.
They said they had continued to rely on generators to power their firms in spite of the high tariff.
"This new tariff is outside the N104,000 EEDC referred to as fixed charge which we are to pay every month whether there is power supply or not. We are still contesting that with them", they said.
AIA said that if this new tariff was made to stand, the cost of finished products would not only be very high but all the industries would be forced to close down.
"In a situation where a small or medium scale industry like ours are made to pay N16million as electric bill in one month, there is no way that company will remain afloat", they said.
They, therefore, urged EEDC to disconnect their members without further delay as they would no longer need their services should the new energy tariff remain.
- NAN
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