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IKEDC slashes Band A Tariff

IKEDC slashes Band A Tariff

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It, however, said that the tariffs of customers on other bands would remain the same.

By Paul Dada

The Ikeja Electricity Distribution Company says it has slashed the tariff payable by its Band A customers to N206.80 per kilowatt-hour.

This is  according to a notice issued  by the IKEDC.

The Nigerian Electricity Regulatory Commission had earlier approved the controversial  N225/kWh.

The notice by the IKEDC says downward review of the tariff  for the Band A customers  would take effect from Monday, May 6, 2024.

It, however, said that the tariffs of customers on other bands would remain the same.

The notice 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,” the IKEDC stated.

 

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