IKEDC slashes Band A Tariff


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.

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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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