IBEDC Plc announces an upward review of the electricity tariff for our Band A customers

IBEDC Announces Adjustment In Electricity Tariff For Band A Customers

IBEDC PLC announces an upward review of the electricity tariff for our Band A customers

Effective immediately, the tariff will be adjusted from N206.80/kWh to N209.50/kWh.

This review has been duly approved by the Nigerian Electricity Regulatory Commission (NERC) as captured in the multi-year Tarif supplementary order

The adjustment is necessitated by several key economic indices, including fluctuations in the exchange rate, the current inflation rate, available generation capacity, and the cost of gas.


These factors have significantly impacted operational costs, and the new tariff will mitigate these financial pressures while continuing to deliver high-quality electricity services.

It is important to note that this adjustment affects only our Band A customers

The tariffs for Bands B, C, D, and E remain unchanged. We remain committed to providing reliable and efficient electricity services to all our customers across different bands.

We understand that any change in tariffs can be a concern for our customers, and we assure you that this adjustment is necessary to maintain and improve the quality of our services.

Our goal is to ensure that you receive the best possible value for your money.

Category:

News 

Oganisation:

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Writer:

Amb Dare Adesuyi

Location:

Nigeria