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Ikeja Electric announces 19 new communities added to Band A tariff plan

Ikeja Electric announces 19 new communities added to Band A tariff plan

Hours after slashing the tariff for Band A customers who get between 20-24 hours of electricity supply daily, Ikeja Electric has added more communities to the Band A network.

 

The Ikeja Electricity Distribution Company hours ago announced the reduction of tariff for customers under Band A classification to N206.80 per kilowatt-hour (kwh). The announcement said the new tarriff rate will be effective from May 6, 2024.

In a post on its X handle, the electricity company said 19 communities have now been added to the Band A feeder.

 

The statement reads: “Premised on our demonstrated ability to consistently provide a minimum of 20 hours of daily availability during a performance evaluation period monitored by the Regulator, we are pleased to announce that we have obtained approval to add 19 additional Band A feeders to our network.”

 

 

 

 

The upgrade of some areas to Band A came hours after the distribution company said it has reduced electricity tariff payable by its Band A customers.

 

The slash is to N206.80 per kilowatt-hour from the N225/kWh, as approved by the Nigerian Electricity Regulatory Commission (NERC).

 

According to the notice, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024.

 

“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 statement said.

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