NERC orders DISCOs to slash Band ‘A’ tariff to N206.80/Kwh

 

 

Following the approval by the Nigerian Electricity Regulatory Commission (NERC) for a downward review of electricity tariff for Band ‘A’ customers from N225/kWh to N206.80/kwh, Ikeja Electric Distribution Company Monday 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.

Also, the Ibadan Electricity Distribution Company (IBEDC) said it 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 discos to review downwardly tariffs for band A customers only.

Meanwhile, the National Assembly in response to protests by electricity consumers over tariff increase had directed the commission to intervene.

Mrs. Busolami Tunwase, Lead, Media Relations, IBEDC, told NAN in Ota, Ogun  State 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 received 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 remained unequivocally committed to ensuring quality and improved service across our franchise.

NAN reports that IBEDC coverage territory includes Oyo, Ogun, Osun, Kwara, and parts of Ekiti, Niger and Kogi.

NERC said that 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,” NERC said.