The Ikeja Electricity Distribution Company has announced a reduction in the tariff for customers under Band A classification from N225 per kilowatt-hour to N206.80kw/h
This is coming about a month after the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A category to N225 per kwh — from N66.
“Effective from May 6, 2024, Band A end-user tariffs have been reviewed to NGN206.8/ kWh under MYTO 2024. This is largely driven by the relative appreciation of the Naira in the official foreign exchange window,’ According to the statement.
To this effect, electricity Distribution Companies also known as the DisCos, have commenced a reduction in tariffs for Band A customers.
In notices to customers on Monday, the DisCos said the move was in support of improved service delivery to customers under the specified category.
