Four electricity distribution companies have announced a price hike for their premium customers in the Band A category, increasing the tariff from N206.80 to N209.50 per kilowatt-hour (kWh).
The DisCos, in separate statements on Wednesday, said the increase took effect from July 1 and applies to prepaid and postpaid customers.
Kaduna DisCo, in a notice posted on X, assured its customers on Band A feeders of continued availability of 20-24 hours supply daily as stipulated in the service-based tariff regime.
The firm also said Bands B, C, D, and E tariff remains unchanged.
Similarly, the Port Harcourt DisCo said the guaranteed availability of a minimum of 20 hours per day still stands, adding that tariff for Bands B, C, D, and E remains unchanged.
“While tariffs for Bands B, C, D, and E remain unchanged, we remain steadfast in our drive to serve all our customers efficiently,” the Kano Electricity Distribution Company (KEDCO) Plc said.
Speaking on the rationale for the hike, Ikeja Electric said the increase aligns with the service-based tariff regime.
“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 statement reads.
“The tariff for Bands B, C, D and E remains unchanged.”
The Ikeja DisCo said the development will further sustain the improved service delivery currently being experienced across all feeder bands within its network.
On May 6, DisCos announced a reduction in the tariff of customers under the Band A classification to N206.80 per kilowatt-hour (kwh).
The slash came over a month after the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under Band A to N225 per kwh — from N66 — on April 3.
Customers under this classification receive 20 hours of electricity supply daily.
