The Ikeja Electricity Distribution Company (IKEDC) has announced a significant reduction in the tariff payable by its Band A customers, slashing it to N206.80 per kilowatt-hour from the previously approved N225\/kWh by the Nigerian Electricity Regulatory Commission (NERC).<\/p>\n
This adjustment, outlined in a circular released by IKEDC on Monday, May 6, 2024, guarantees Band A customers 20 to 24 hours of electricity supply daily. However, the tariff rates for customers in other categories will remain unchanged.<\/p>\n
In a statement, IKEDC emphasized, “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.”<\/p>\n
The move follows the NERC’s revision of electricity tariffs for Band A customers from N68 per kilowatt-hour to N255\/KWh on April 3, 2024, with other customer categories unaffected by the hike.<\/p>\n
Since the implementation of the supplementary Multi-Year Tariff Order, Band A consumers have voiced concerns about the financial burden posed by the increased electricity tariffs, urging the Federal Government to reconsider the policy.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Ikeja Electricity Distribution Company (IKEDC) has announced a significant reduction in the tariff payable by its Band A customers, slashing it to N206.80 per kilowatt-hour from the previously approved N225\/kWh by the Nigerian Electricity Regulatory Commission (NERC). This adjustment, outlined in a circular released by IKEDC on Monday, May 6, 2024, guarantees Band A […]<\/p>\n","protected":false},"author":25,"featured_media":30122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-30121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/30121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=30121"}],"version-history":[{"count":3,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/30121\/revisions"}],"predecessor-version":[{"id":30125,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/30121\/revisions\/30125"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/30122"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=30121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=30121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=30121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}