The Nigerian Government has Implemented Significant Reduction in Electricity Tariff for Band A Consumers, Lowering Rates from N225 to N206.80 per Kilowatt-hour.
This information was disseminated through various statements released by prominent distribution companies in Nigeria on Monday, May 6, 2024.
The Band A customers are citizens who enjoy a daily supply of a minimum of 20 hours.
According to the notices, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024.
The Ikeja Electricity Distribution Company in the statement confirming the development said; “Dear Esteemed Customers, please be informed of the downward tariff review of our Band A feeders from N225/kWh to N206.80/kWh effective 6th May 2024 with guaranteed availability of 20-24hrs supply daily.
“The tariff for Bands B, C, D, and E remains unchanged.
Similarly, a notice by the IBEDC to its customers read: “Please be informed that the Ibadan Electricity Distribution Company Plc (IBEDC) has begun the implementation of a downward review in tariff rate from N225/Kwh to N206.80/Kwh as approved by the Nigerian Electricity Regulatory Commission (NERC) for band A customers only. The new tariff is effective from 4th May 2024.
“Customers using prepaid meters will be the first to experience the revised tariff – N206.80/Kwh whenever they vend in May. While for Postpaid customers the revised tariff will be reflected in the electricity bills they receive at the end of May 2024.
“Kindly note the tariffs for bands B, C, D, and E remain unchanged. IBEDC is also assuring its customers that we remain unequivocally committed to ensuring quality and improved service across our franchise.”
The Abuja Electricity Distribution Company (AEDC) has announced a reduction in the price of electricity tariff for Band A customers from N225/kWh to N206.80/kWh.
The AEDC made the announcement in a tweet on Monday, May 6.
It reads: “We are pleased to share with you the revised tariff for our Band A feeders, which will decrease from N225/kWh to N206.80/kWh effective today, May 6th 2024.
“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 Bands B, C, D, and E remain unaffected.”
Similarly, the Kaduna Electricity Distribution Company has informed Band A customers that they can now enjoy a reduced electricity tariff of N206.80/kWh from N225.
“The Management of Kaduna Electric is pleased to inform the public of a downward review in the tariff of our Band A feeders from N225/kWh to N206.80/kWh,” the statement noted.
“The review is effective from 6th May 2024 and affects both prepaid and postpaid customers.
“Kaduna Electric assures customers on its Band A feeders of continued availability of 20-24hrs supply daily as stipulated in the Service Based Tariff regime.
“The public should please note that the tariff for Bands B, C, D, and E remains unchanged.”
