Electricity tariff: DisCos announce downward review of N206.80/kwh

…As IBDEC, Ikeja Electric announce reduction in tariff

The Nigerian Electricity Regulatory Commission (NERC) has approved a downward review of electricity tariff for Band ‘A’ customers from N225/kWh to N206.80/kwh.

Under the approved review, Band ‘A’ customers who were previously charged N225/Kwh are now to pay N206.80/kwh.

The band’s customers are those who enjoy a daily supply of a minimum of 20 hours.

The review of the tariff was announced in Abuja on Monday by a notice issued by the management of Abuja Electricity Distribution Company (AEDC).

The notice read, “We are pleased to share with you the revised tariff for our Band ‘A’ feeders,  which will decrease from N225/kwh  to N206.80 effective May 6.

“We assure customers on our Band ‘A’ feeders of continued availability of electricity supply for 20-24 hours daily.

“Please note that the tariffs for Band B, C D and E remain unaffected.”

Meanwhile, the Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory.

This review followed the directive by the Nigerian Electricity Regulatory Commission (NERC) to review downward tariffs for band A customers only.

Lead, Media Relations, IBEDC, Mrs Busolami Tunwase, told newsmen that the new tariff was with effect from  May 4.

“Customers using prepaid meters will be the first to experience the revised tariff – N206.80/Kwh whenever they vend this month of May.

“While for Post-paid customers, the revised tariff will reflect in the electricity bills to be receive at the end of May 2024,” she said.

Tunwase said that the tariffs for band B,C,D and E remains unchanged.

She assured the customers that IBEDC remain unequivocally committed to ensuring quality and improved service across our franchise.

Also, Ikeja Electric Distribution Company has announced reduction of electricity tariff for customers on Band A from N225/kwh to N206.80/kwh.

This is contained in a circular issued by the management of the company on Monday in Lagos.

According to the company, customers on band A will now pay N206.80/kwh, as against the stipulated N225/kwh ordered by Nigeria Electricity Regulatory Commission (NERC).

It expressed its commitment to providing 20 to 24 hours of electricity to users under the band, while stating, however, that the tariff for customers in other categories remained the same.