Electricity Pricing, Electricity Access and Household Welfare in Lagos State, Nigeria: A Household Survey

Author:

Adaramola Abigail Bolade1,Oderinde L. Oladele2,Nweke-Eze Chigozie3ORCID

Affiliation:

1. Clean Tech Hub (CTH)

2. Anchor University

3. Integrated Africa Power (IAP)

Abstract

This research work investigated Electricity Pricing in Relation to Households in Lagos State, Nigeria. The population covered household in three specific locations which include Ayobo, Iyana-Ipaja and Ikeja in Lagos State of Nigeria. A sample size of 383 was determined using Cochran Formula. Statistical methods used were percentage and frequency tables for the study. The results of the analysis revealed that majority of the respondents are less familiar with cost/pricing method of electricity in Nigeria. The study also revealed that there is negative welfare effect of the recent pricing adjustment on households in the selected study areas. The study recommended that awareness campaign should be organized by the Electricity distribution companies and other stakeholders with the use of jingles, radio presentation or text messages to all household in their areas of operation to educate them on the pricing methods of electricity.

Publisher

Trans Tech Publications Ltd

Reference20 articles.

1. Adedeji, A. O. (2017). Privatization and Performance of Electricity Distribution Companies in Nigeria. Journal of Public Administration and Governance, 7(3)

2. Allcot H. (2008) Real time pricing and electricity markets. Harvard University. Available at: http://www.erb.umich.edu/HTML-Email/speakers/Post-docCandidates/documents/jmp-allcott.

3. Babatunde, M.A and Enehe, J.M. (2011). Determinants of Household Electricity Demand in Nigeria. Economic and Financial Review, 49(2). 73-97

4. Cochran, W. G. (1977). Sampling Techniques, 3rd Edition (3rd ed.). John Wiley & Sons.

5. A literature review on dynamic pricing of electricity;Dutta;Journal of the Operational Research Society,2017

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