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Eko Electricity reduces tariff for Band A customers

By Jimisayo Opanuga
06 May 2024   |   12:56 pm
Eko Electricity Distribution Company (EKDC) has announced a decrease in electricity tariffs for customers on Band A feeders. The management disclosed this in a statement on Monday, saying that the downward tariff will be effective on Monday, May 6, 2024. READ ALSO: Ikeja Electric reduces electricity tariff for Band A customers It stated that Band…

Nigeria’s electricity sector

Eko Electricity Distribution Company (EKDC) has announced a decrease in electricity tariffs for customers on Band A feeders.

The management disclosed this in a statement on Monday, saying that the downward tariff will be effective on Monday, May 6, 2024.

READ ALSO: Ikeja Electric reduces electricity tariff for Band A customers

It stated that Band A feeders from N225/kwh to N206.80/kwh with a guaranteed minimum daily power supply of 20 hours.

The distribution company noted that the tariff rate for the other bands remains unchanged.

Ikeja Electric Plc (IE), an electricity distribution company (DisCo), had also announced that it would reduce the cost of electricity tariffs on Band A feeders.

READ ALSO: List of Lagos areas newly upgraded to Band A to enjoy 20hrs electricity

This development comes after the NERC approved an increase in the electricity tariff for customers under the Band A classification in April.

The Vice Chairman, NERC, Musliu Oseni, said the increase will see customers paying N225 kilowatts per hour, up from the current N66.

READ ALSO: List of Lagos areas on Band B to enjoy 16hrs electricity

READ ALSO: List of Lagos areas on Band C to enjoy 12hrs electricity

Oseni said customers in Band A represent 15 percent of the 12 million electricity customers in the country.

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