Nigeria’s electricity distribution companies (DisCos) announced an upward review of electricity tariffs for Band A customers on Wednesday.
The new tariffs take effect from July 1, according to statements posted on the DisCos’ X handles.
In April, the Nigerian Electricity Regulatory Commission (NERC) ordered the immediate upward review of electricity tariffs.
NERC Vice Chairman Musiliu Oseni stated that only 15% of electricity consumers would be affected by the hike. Accordingly, power distribution companies will raise electricity prices to N225 ($0.15) per kilowatt-hour from N68.
On April 30, the House of Representatives asked NERC to suspend the tariff hike pending an investigation by the House. This resolution followed a motion of urgent public importance moved by Kama Nkem-Kanma (LP, Ebonyi) during plenary.
Nkem-Kanma’s motion faulted the arbitrary hike in tariffs and the discriminatory nature of the policy.
Following the resolution by the House, DisCos announced a tariff reduction on May 6, stating that customers in Band A would now pay N206.80/kWh, down from N225/kWh.
However, on Wednesday, DisCos announced that customers in Band A would now pay N209.5/kWh, up from N206.80/kWh. The tariff for Bands B, C, D, and E remains unchanged.
The Port Harcourt Electricity Distribution Plc (PHED) stated: “Dear esteemed customers, please be informed that there is an upward tariff review for our Band A feeders from N206.80/kWh to N209.5/kWh effective 1st July 2024. The guaranteed availability of a minimum of 20 hours per day still stands. The tariff for Bands B, C, D, and E remains unchanged.”
The Kaduna Electricity Distribution Company (Kaduna Electric) announced: “Dear esteemed customers, 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 1st July 2024 and affects prepaid and postpaid customers. Kaduna Electric assures customers on its Band A feeders of the continued availability of 20-24 hours 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 unchanged.”
Meanwhile, Ikeja Electric Plc informed its customers: “Dear esteemed customers, 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 assured that this development will further sustain the improved service delivery currently being experienced across all feeder bands within Ikeja Electric network.”
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