The Oyo State Electricity Regulatory Commission (OYSERC) is the statutory body responsible for regulating and developing the electricity
market within Oyo State. The Commission is committed to fostering a transparent, efficient, and competitive electricity sector that guarantees safe, reliable, and affordable power supply for all residents of the State.
Our History
In compliance with the amended constitution of the Federal Republic of Nigeria and the Electricity Act 2023, Oyo State requested for the transfer of regulatory oversight from NERC to the State and Regulatory Oversight was transferred on the 6th day of August, 2024.
Our Role
OYSERC as a Regulator
The Oyo State Electricity Regulatory Commission is a body established by the Electricity Act of 2023 to undertake technical and economic regulation of the Oyo State Electricity Market.
The Commission is to, among others license operators, determine operating codes and standards, establish customer rights and obligations and set cost effective electricity tariffs. The Commission has its office in the State secretariat, Ibadan.