Respite For ‘Band A’ Users As Ikeja Electric Reduce Tariffs

By Akinwale Kasali

There seems to be respite for Band A Users as Ikeja Electric Distribution Company, IKEDC, has reduced its tariff.

Ikeja Electric announced the reduction in its tariffs in a circular signed by its Management.

It reduced the tariff  for customers under Band A from N225/kWh to N206.80/kWh.

In a circular signed by the Management of the company on Monday, IE said the customers will now pay N206.80/kwh, rather than the stipulated N225/kwh ordered by the Nigeria Electricity Regulatory Commission (NERC).

According to the statement, IE guaranteed to provide 20 to 24 hours of electricity to users under this Band, adding that the tariff for customers under other categories will remain the same.

The Circular reads: “ 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.

“Signed: Management.”

The reduction is coming at a time when Nigerians are complaining of the high tariffs and the epileptic power supply that has bedeviled the nation, urging the Minister of Power, Adebayo Adelabu to Wade into the issue.