The Nigerian Electricity Regulatory Commission (NERC) has greenlit an increase in electricity tariffs specifically aimed at customers falling under the Band A classification.
The Vice Chairman of NERC, Musliu Oseni, disclosed that this adjustment will see Band A customers paying N225 per kilowatt hour (KW/h), a significant jump from the current rate of N66.
Band A customers are identified as those benefiting from a daily supply of electricity ranging from 20 to 24 hours. This categorization is part of NERC’s segmentation strategy, with Band B, C, D, and E subscribers enjoying decreasing hours of supply respectively.
Oseni clarified that the tariff review exclusively impacts Band A subscribers, representing approximately 15% of the nation’s 12 million electricity customers, totaling about 1.8 million individuals.
It’s important to note that this adjustment will not affect customers in other bands, as emphasized by NERC.
Earlier reports from Bloomberg hinted at a potential increase in electricity prices to N200 ($0.15) per KW/h for urban consumers, up from the previous N68 rate. Sources within the presidency suggested that this move is intended to stimulate new investments and reduce the approximately $2.3 billion expenditure currently incurred in tariff capping measures.
In light of these developments, It was gathred that the significance of this tariff adjustment, particularly for Lagos State subscribers under the Band A tariff plan, who benefit from the uninterrupted 20 to 24-hour electricity supply provided by the Ikeja Electricity Distribution Company, as outlined in a document prepared by NERC.
1. Ijaiye (33-Ota TCN-AMJE) in Abule-Egba Business Unit enjoys 998 KW/h
2. Ijaiye (33-Ota TCN-Abeokuta Expressway) in Abule-Egba Business Unit enjoys 930KW/h
3. Able-Taylor (11-EkoroINJ-T1-Ekoro) in Akowonjo Business Unit enjoys 920KW/h
4. Egbeda (11-AlimoshoINJ-T8-Alimosho) in Akowonjo Business Unit enjoys 889KW/h
5. Anifowoshe (11-New AlausaINJ-T4-Siyanbola) in Akowonjo Business Unit enjoys 929KW/h
6. Anifowoshe (11-Adeniyi JonesINJ-T1-Ajao) in Akowonjo Business Unit enjoys 941KW/h
7. Anifowoshe (11-New AlausaINJ-T6-Awolowo) in Akowonjo Business Unit enjoys 889KW/h
8. Anifowoshe (11-Adeniyi JonesINJ-T1-Adeniyi Jones) in Akowonjo Business Unit enjoys 982KW/h
9. Ogba (11-OgbaINJ-T3-Oba Akran) in Akowonjo Business Unit enjoys 888KW/h
10. Ogba (11-Oke IraINJ-T2-Kayode) in Akowonjo Business Unit enjoys 867KW/h
11. Ogba (11-Oke IraINJ-T2-Mangoro) in Akowonjo Business Unit enjoys 943KW/h
12. Ojodu (11-OjoduINJ-T2-River Valley) in Akowonjo Business Unit enjoys 910KW/h
13. Oregun (11-MarylandINJ-T2-Ojota) in Akowonjo Business Unit enjoys 973KW/h
14. Oregun (11-OpebiINJ-T1-Olusosun) in Akowonjo Business Unit enjoys 924KW/h
15. Oregun (11-New AlausaINJ-T5-Kudirat) in Akowonjo Business Unit enjoys 977KW/h
16. Oregun (11-New AlausaINJ-T6-Ogundana) in Akowonjo Business Unit enjoys 981KW/h
17. Oregun (11-New AlausaINJ-T4-Allen) in Akowonjo Business Unit enjoys 989KW/h
18. Oregun (11-New AlausaINJ-T5-Alausa) in Akowonjo Business Unit enjoys 945KW/h
19. Oregun (11-New AlausaINJ-T4-Oregun) in Akowonjo Business Unit enjoys 980KW/h
20. Oregun (11-New AlausaINJ-T5-Morrison) in Akowonjo Business Unit enjoys 950KW/h
21. PTC (11-IlupejuIJN-T4-Ikorodu) in Akowonjo Business Unit enjoys 892KW/h
22. PTC (11-MarylandIJN-T1-PTC) in Akowonjo Business Unit enjoys 858KW/h
23. PTC (11-IlupejuIJN-T1-Bhojson) in Akowonjo Business Unit enjoys 923KW/h
24. PTC (11-PTCIJN-T2-Awuse) in Akowonjo Business Unit enjoys 991KW/h
25. PTC (11-IlupejuIJN-T3-General Hospital) in Akowonjo Business Unit enjoys 892KW/h
26. Lasunwon (33-IkoroduTCN-Fakale Source) in Ikorodu Business Unit enjoys 890KW/h
27. Odogunyan (11-OdogunyanINJ-T2-Centex) in Ikorodu Business Unit enjoys 854KW/h
28. Ago (11-ItireINJ-T3-Ago) in Oshodi Business Unit enjoys 851KW/h
29. Ago (33-ItireTCN-Ago 1) in Oshodi Business Unit enjoys 933KW/h
30. Ajao (11-AjaoINJ-T2-New Estate) in Oshodi Business Unit enjoys 906KW/h
31. Idimu (33-EjigboTCN-AGODO) in Oshodi Business Unit enjoys 956KW/h
32. Ikosi (11-MarylandINJ-T3-Demurin) in Shomolu Business Unit enjoys 947KW/h
33. Ilupeju (11-IlupejuINJ-T3-Coker) in Shomolu Business Unit enjoys 960KW/h
34. Ilupeju (11-IlupejuINJ-T3-Palmgroove) in Shomolu Business Unit enjoys 960KW/h
35. Magodo (11-MagodoINJ-T2-Bashiru) in Shomolu Business Unit enjoys 939KW/h
36. Magodo (11-MagodoINJ-T1-Emmanuel Keshi) in Shomolu Business Unit enjoys 998KW/h
37. Mende (11-MarylandINJ-T3-Sylvia) in Shomolu Business Unit enjoys 944KW/h
38. Mende (11-MarylandINJ-T2-Westex) in Shomolu Business Unit enjoys 981KW/h
39. Olateju (11-IlupejuLocal-T1-Industrial) in Shomolu Business Unit enjoys 982KW/h
40. Oworonshoki (11-OworoINJ-T1-Hospital) in Shomolu Business Unit enjoys 985KW/h
41. Oworonshoki (11-OworoINJ-T1-Anthony) in Shomolu Business Unit enjoys 965KW/h.
