The Ikeja Electricity Distribution Company has reduced the electricity tariff payable by its Band A customers to N206.80 per kilowatt-hour from the N225/kWh approved by the Nigerian Electricity Regulatory Commission (NERC).

Spokesperson for the IKEDC, Olufadeke Omo-Omorodion, disclosed this to Channels Television in a notice on Monday.

According to the notice, the downward tariff review of the Band A customers would take effect from Monday, May 6, 2024.

It was gathered that under the approved review, Band A customers who hitherto were charged N225/Kwh, are now to pay N206.80/Kwh.

“Please be informed of the downward tariff review of our Band A feeders from N225/kwh to N206.80/kwh effective 6th May 2024 with guaranteed availability of 20-24hrs supply daily,” the statement said.

Meanwhile, the tariffs for Bands B, C, D, and E remain unchanged.