Nigerias 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
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