The Ikeja Electricity Distribution Company has slashed the tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission.
The spokesperson for the IKEDC, Olufadeke Omo-Omorodion, disclosed this in a notice today.
According to the notice, the downward tariff review of the Band A customers would take effect from today, May 6, 2024.
The DisCo, while guaranteeing a minimum of 20-hour daily power supply for those on Band A feeders, noted that the tariffs of customers on Bands B, C, D, and E remains unchanged.
You will recall that on April 3, the NERC revised the electricity tariff for Band A customers from N68 per kilowatt-hour to N255/KWh, saying other customers were not affected by the tariff hike.
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