Ikeja Electricity Distribution Company (IKEDC) has reduced the tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225 per kilowatt-hour approved by the Nigerian Electricity Regulatory Commission.
In a notice, the spokesperson for the IKEDC, Olufadeke Omo-Omorodion, disclosed this to the media on Monday.
According to the notice, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024.
The DisCo, while guaranteeing a minimum of 20-hour daily power supply for those on Band A feeders, noted that the tariffs of customers on other bands remain unchanged.
“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,” the IKEDC stated.