The Ikeja Electricity Distribution Company says it has reduced the tariff for customers under Band A classification to N206.80 per kilowatt-hour (kwh).
On April 3, the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A category to N225 per kwh — from N66.
The commission said customers under the classification are those who receive 20 hours of electricity supply daily.
Announcing the cut in a circular on Monday, Ikeja Electric said the new tariff rate will be effective from May 6, 2024.
Details later…
