NewsIKEDC Announces Downward Review Of Tariff For Band A Customers

IKEDC Announces Downward Review Of Tariff For Band A Customers

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May 6, (THEWILL)- Ikeja Electricity Distribution Company (IKEDC) has announced a downward review of electricity tariffs for its customers under the Band A category.

Effective May 6, 2024, customers in the Band A category will now pay N206.80/kWh, down from the previous rate of N225/kWh, as stipulated by the Nigeria Electricity Regulatory Commission (NERC).

In a circular released by the management of the Distribution Company on Monday, IE assured customers under Band A of a guaranteed supply of electricity for 20 to 24 hours daily.

The decision to slash tariffs for Band A customers underscores Ikeja Electric’s commitment to enhancing customer satisfaction and ensuring affordable access to electricity.

It, however, stated that electricity tariffs for Bands B, C, D and E customers remained unchanged without adducing any reason.

The circular addressed to customers read: “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 20-24 hours supply daily. The tariff for Bands B, C, D and E remains unchanged.”

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