Following the recent increase on electricity tariff, the Ibadan Electricity Distribution Company (IBEDC) has started the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for band A customers in its coverage territory.

This was revealed by the Nigerian Electricity Regulatory Commission (NERC) to discuss 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, the Lead of Media Relations, IBEDC, in Ota, Ogun, said that the new tariff was with effect from May 4.

“Customers using prepaid metres 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.

She said that the tariffs for bands B, C, D and E remain unchanged.

Tunwase assured the customers that IBEDC remains unequivocally committed to ensuring quality and improved service across our franchise.

The IBEDC coverage territory includes Oyo, Ogun, Osun, Kwara, and parts of Ekiti, Niger and Kogi.

Earlier, the Ikeja Electricity Distribution Company slashed the tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission.

Olufadeke Omo-Omorodion, the spokesperson for the IKEDC,revealed this on Monday.

From the news gathered , the downward tariff review for Band A customers would take effect on Monday, May 6, 2024. (https://punchng.com/just-in-ikeja-disco-slashes-band-a-tariff-to-n206-80-kwh/).