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Eko Electricity reduces tariff for Band A customers

Nigeria’s electricity sector

Nigeria’s electricity sector

Eko Electricity Distribution Company (EKDC) has announced a decrease in electricity tariffs for customers on Band A feeders.
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The management disclosed this in a statement on Monday, saying that the downward tariff will be effective on Monday, May 6, 2024.

READ ALSO: Ikeja Electric reduces electricity tariff for Band A customers

It stated that Band A feeders from N225/kwh to N206.80/kwh with a guaranteed minimum daily power supply of 20 hours.

The distribution company noted that the tariff rate for the other bands remains unchanged.
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Ikeja Electric Plc (IE), an electricity distribution company (DisCo), had also announced that it would reduce the cost of electricity tariffs on Band A feeders.

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READ ALSO: List of Lagos areas newly upgraded to Band A to enjoy 20hrs electricity

This development comes after the NERC approved an increase in the electricity tariff for customers under the Band A classification in April.
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The Vice Chairman, NERC, Musliu Oseni, said the increase will see customers paying N225 kilowatts per hour, up from the current N66.

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READ ALSO: List of Lagos areas on Band B to enjoy 16hrs electricity

READ ALSO: List of Lagos areas on Band C to enjoy 12hrs electricity

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Oseni said customers in Band A represent 15 percent of the 12 million electricity customers in the country.
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