The electricity distribution companies, DisCos, have announced an increase in tariff for July, 2024, by N2.7 (or 1.3%) to N209.5/kWh.
This was in continuation of the government's policy to review the electricity tariff for Band A customers monthly
The Nigerian Electricity Regulatory Commission, NERC, had in April 2024 increased electricity tariff for about two million customers in Band A by 230 percent from N68 to N225/kWh. It was reduced to N206.8/kWh in May and retained in June. The increase followed the decision of the Federal Government to end electricity subsidy for customers in Band A.
Confirming the increase, Kaduna Electric in a statement on Wednesday said: “The Management of Kaduna Electric informs the public of an upward review in the tariff of Band A feeders from N206.80/kWh to N209.5/kWh.
The review is effective from lst July 2024 and affects both prepaid and postpaid customers. Kaduna Electric assures customers on its Band A feeders of continued availability of 20-24hrs supply daily as stipulated in the Service Based Tariff regime.
“The public should please note that the tariff for Bands B, C, D, and E remains un-changed.”
Ikeja Electric also in a public notice stated: “Kindly note the review in tariff of Band "A" feeders from N206.80/kWh to N209.5/kWh effective 1st July 2024 in line with the service based tariff regime.
The tariff for Bands B, C, D and E remains unchanged.
“Our customers can be rest assured that this development will further sustain the improved service delivery currently being experienced across all Feeder Bands within the lkeja Electric network”.
Speaking on the latest tariff hike, the Chairman of Electric Consumers Association of Nigeria, Chijioke James said earlier increases have not led to significantly improved services.
“Everyday we continue to read apologies from the DisCos about their inability to meet the 20 hours per day supply threshold and there is no clear path for improvement”, he added.
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