Again, Discos increase tariff for Band A customers

Again, the distribution companies, Wednesday, announced an upward review of electricity tariff for customers on Band A feeders from N206.80 per kilowatt hour to N209.5 per kilowatt hour (/kWh) in accordance with the Multi-Year Tariff Order (MYTO).

The new tariff upward review came less than three months after the tariff was increased from N66 per kilowatt to N225 per kilowatt.

Blueprint recalls that in May, the tariff went up from N225 kilowatts to N206.80 per kilowatt, and  in June the DisCos jerked it up to N206.80 kw/h.

However, as at the time of filing this story, only three Discos, namely; The Ibadan Electricity Distribution Company (IBEDC); Ikeja Electric, and Kaduna Electric made the tariff upward review public.

IBEDC’s acting Managing Director, Francis Agoha,in a statement he issued in Ibadan, Oyo state, stated that the tariff , effective immediately ,would be adjusted from N206.80/kWh to N209.50/kWh

He noted that the review had been duly approved by the Nigerian Electricity Regulatory Commission (NERC) as captured in the multi-year Tariff supplementary order.