Increase In Electricity Tarrif!

The Nigerian Electricity Regulatory Commission (NERC) has given approval for the increase in electricity tariffs, effective from Tuesday, September 1st, 2020.

For Ikeja Electricity Distribution Company, a residential customer, who is on single phase, receiving a minimum of 12 hours of supply will now pay N42.73 per KWh, up from N21.30 per kWh.

Kaduna electric stated that non-MD receiving between 12 and 16 hours will be charged N50.10 per KWh, adding that the tariffs for customers receiving less than 12 hours had been temporarily frozen.

For Eko Electric, a residential customer on single phase receiving a minimum of 12 hours of supply will now pay N43.01 per kWh, up from N24 per kWh.

The distribution company had earlier proper 1st of July for the implementation of the new tarrif but was asked to be delayed and shifted to the first quarter of 2021 by the National Assembly considering the current economic realities due to the pandemic.

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