On Wednesday, the Nigerian Electricity Regulatory Commission (NERC) sanctioned a significant rise in electricity tariffs for customers categorized under Band A. This adjustment will impact certain customers of the Eko Electricity Distribution Company (EKEDC).
Customers in this category will now be charged N225 per kilowatt-hour (KW/h). It is a significant rise from the previous rate of N66 electricity tariff.
The new rate takes effect from 3rd April 2024.
This was revealed by Musliu Oseni, the Vice Chairman of NERC.
Wrongly bill?
Meanwhile, the regulator has directed all Electricity Distribution Companies, DisCos, to provide as much clarity as possible to all affected customers.
For instance, on the new electricity tariff, NERC said: “All customers wrongly billed at the new rate should be refunded through energy tokens no later than Thursday the 11th of April 2024.
“And (they should) file evidence of compliance with the Commission by the 12th of April 2024.
Band A
Below are the 21 Band A areas of Eko Electricity Distribution Company affected by the new tariff:
1. IJORA T/S_AJELE 1_AJELE_NEPA 1 ISLAND CAMPOS STREET BROAD STREET INNER MARINA STREET
2. ALAGBON T/S_ADEMOLA 2_ADEMOLA_POSTE RMU ISLAND ADEMOLA ADETOKUNBO STREET SANUSI FAFUNWA STREET/IDOWU TAYLOR STREET AKIN ADESOLA STREET/ADEOLA ODEKU STREET
3. IJORA T/S_AJELE 2_AJELE_CSS ISLAND AJELE STREET BROAD STREET/CUSTOM STREET INNER MARINA STREET/MARTINS STREET
4. IJORA T/S_AJELE 2_AJELE_NEW CUSTOMS ISLAND CAMPBELL STREET BAMGBOSHE STREET KING STREET