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JUST-IN: Ikeja Electric Reduces Tariff For Band A Customers

Byadulawo

May 6, 2024

In a move aimed at providing relief to its customers, Ikeja Electric Distribution Company (IE) has announced a significant reduction in electricity tariff for customers under Band A category.

Effective May 6, 2024, customers in this 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 (DisCo) 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.
 

It was gathered that Ikeja Electric Plc is the largest Nigerian electricity distribution company with customers spread across the Northern part of Lagos State and parts of Ogun State.

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