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HomeNaija NewsIkeja Electric Announce Massive Electricity Tariff Reduction for Band A Customers

Ikeja Electric Announce Massive Electricity Tariff Reduction for Band A Customers

The Ikeja Electricity Distribution Company has lowered electricity tarrif to N206.80 per kilowatt-hour for its Band A consumers despite the Nigerian power Regulatory Commission (NERC) hiking its power cost to N225/kWh.

This was revealed in a statement issued by Olufadeke Omo-Omorodion, the IKEDC spokeswoman, on Monday, May 6. The announcement stated that the Band A consumers’ downward tariff review will begin on Monday, May 6, 2024. It says in the statement.

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”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.

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The tariff for Bands B, C, D, and E remains unchanged.”

The public outrage over the electricity rise, which labor unions, civil society organizations, and industry watchers have characterized as callous, may have had a role in the decision to slash the tariff. [CONTINUE READING HERE]

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Ikeja Electric Announce Massive Electricity Tariff Reduction for Band A Customers
Ikeja Electric Announce Massive Electricity Tariff Reduction for Band A Customers 1


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