An Empirical Enquiry into Stakeholders' Perception of Electricity Pricing Methodology

Authors

  • Adam Konto Kyari Department of Accounting, College of Business Administration, Imam Abdulrahman Bin Faisal University, P. O. Box 1982, Dammam, Saudi Arabia
  • Labaran Mohammed Lawal Department of Accounting, College of Business Administration, Imam Abdulrahman Bin Faisal University, P. O. Box 1982, Dammam, Saudi Arabia

Abstract

This study investigates stakeholders' perception of the sustainability of Nigeria's MYTO pricing methodology vis-à-vis government's electricity efficiency objectives. Using a five-point Likert questionnaire, data was collected and analysed via descriptive and regression analyses. The results indicate that 96% of the variations in electricity pricing is accounted for by government's electricity efficiency objectives of acceptability, accessibility and availability. The study concludes that Nigeria's MYTO pricing regime is sustainable. Similarly, the study concludes that there is policy inadequacy in addressing fundamental issues of end users' lack of awareness of pricing system and mistrust between industry players. Although these conclusions have met the objectives of the study, the study recommends further research on the impact of subsidy on sustainability of electricity pricing methodology.          Keywords; electricity, pricing, sustainabilityJEL Classifications: E3, L94, P18DOI: https://doi.org/10.32479/ijeep.10534

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Author Biographies

Adam Konto Kyari, Department of Accounting, College of Business Administration, Imam Abdulrahman Bin Faisal University, P. O. Box 1982, Dammam, Saudi Arabia

Department of Accountig, Assistant Professor

Labaran Mohammed Lawal, Department of Accounting, College of Business Administration, Imam Abdulrahman Bin Faisal University, P. O. Box 1982, Dammam, Saudi Arabia

Department of Accountig, Assistant Professor

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Published

2021-02-01

How to Cite

Kyari, A. K., & Lawal, L. M. (2021). An Empirical Enquiry into Stakeholders’ Perception of Electricity Pricing Methodology. International Journal of Energy Economics and Policy, 11(2), 75–82. Retrieved from https://mail.econjournals.com/index.php/ijeep/article/view/10534

Issue

Vol. 11 No. 2 (2021)

Section

Articles

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