JUST IN: Ikeja Electric slashes Tariff for Band A customers

Ikeja Electric Distribution Company (IE) has announced a cut in its energy pricing for Band A consumers, from N225/kWh to N206.80/kWh.

In a circular signed by the company’s management on Monday, IE stated that consumers will now pay N206.80/kWh instead of the N225/kwh mandated by the Nigeria Electricity Regulatory Commission (NERC).

According to the announcement, IE is guaranteed to offer users 20 to 24 hours of electricity under this Band, while the pricing for customers in other categories will remain unchanged.

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“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.

“Signed: Management.”

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