In response to the Nigerian Electricity Regulatory Commission's (NERC) May 2024 Supplementary Order on Tariff Increase on Band A Feeders, IKEJA Electric (IE) has declared a decrease in its Band A tariff, which would now be N206.80/kWh instead of N225/KWh.
Group Customers are defined as those with a minimum of 20 hours of supply daily.
According to the directive from the industry regulator, this is an 8.1 percent decrease from the prior rate. Today marks the immediate implementation of the NERC order.
"We are a compliant Disco; we follow directives given by the regulators knowing it is in the best interest of all parties," stated Kingsley Okotie, Head of Corporate Communications at IE, confirming the utility's compliance. As we work to provide them with higher-quality services, we guarantee our clients that we will keep improving the way we provide our services.
