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Home » New Electricity Tariff: DisCos Move To Return Consumers To Band A
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New Electricity Tariff: DisCos Move To Return Consumers To Band A

DigitalTimesNGBy DigitalTimesNG5 April 2024No Comments1 Min Read40 Views
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Electricity Tariff
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There are indications that the electricity distribution companies (DisCos) are now making subtle moves to return some electricity consumers to Band A to charge the new tariff.

Vanguard said in a report that the DisCos had recorded 1,100 feeder coverage areas for Band A but NERC said the actual coverage area for the new tariff is only 480.

Media reports claim there is a huge discrepancy between the number of feeders covered as Band A customers by electricity distribution companies (DisCos) and what was approved by the Nigeria Electricity Regulation Commission (NERC).

A source in one of the DisCos in Lagos told Vanguard that they are now working on increasing the number of Band A consumers to return those earlier removed by NERC back to Band A.

Recall that the NERC, on Tuesday, hiked the electricity tariff for Band A customers by 230 per cent from N68 per kilowatt hour to N225/kWh.

Band A customers are those who receive an average daily supply of electricity supply 20 hours or more. With the new order issued by NERC, Band A would no longer enjoy Federal Government subsidy on electricity.

READ ALSO  Oluyemi Obadare Accepted Into Forbes Business Council
#Band A #Consumers #DisCos #Electricity Tariff
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