Ikeja Electric Distribution Company (IE) has announced a significant reduction in electricity tariffs for Band A customers.
In a circular signed by the company’s management on Monday, May 6, 2024, customers under Band A will now pay N206.80/kWh rather than the stipulated N225/kWh ordered by the Nigeria Electricity Regulatory Commission (NERC).
Ikeja Electric promised to provide 20 to 24 hours of electricity to users under this Band, adding to the tariff.
However, customers under other categories will remain the same.
Ikeja Electric’s statement shared on X reads:
TimesNow.com.ng had earlier reported that the Nigerian government recently increased electricity tariffs for band A customers by 300% from N66 kilowatt per hour to N225.
According to the NERC, band A customers are those who enjoy a minimum of 20 hours of electricity supply in the country.
Earlier, TimesNow.com.ng reported the areas affected by the new electricity tariff in some areas in Lagos state.
Those affected are to adjust to the new tariff even as the electricity company has started informing them.
Ikeja Electric has released a list of communities in Band A, as well as those in Band B, C, D, and E.
Some of the areas are under Ikorodu, Ikeja, Oshodi, Abule Egba and more.
Source: TimesNow.com.ng
