IBEDC Reviews Tariff from N225/Kwh to N206.80/Kwh for Band A Customers

The Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory.

This review followed the directive by the Nigerian Electricity Regulatory Commission (NERC) to discos reviewing downward tariffs for band A customers only.

The National Assembly in response to protests by electricity consumers over tariff increase had directed the commission to intervene.

Mrs Busolami Tunwase, Lead, Media Relations, IBEDC, told NAN in Ota, Ogun, that the new tariff was with effect from  May 4.

“Customers using prepaid meters will be the first to experience the revised tariff – N206.80/Kwh whenever they vend this month of May.

“While for Postpaid customers, the revised tariff will reflect in the electricity bills to be received at the end of May 2024,” she said.

Tunwase said that the tariffs for band B,C,D and E remains unchanged. She assured the customers that IBEDC  remain unequivocally committed to ensuring quality and improved service across our franchise.

IBEDC coverage territory includes Oyo, Ogun, Osun, Kwara, and parts of Ekiti, Niger and Kogi. NERC Slashes Band ‘A’ Electricity Tariff to N206.80 /Kwh
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