The Ibadan Electricity Distribution Company Plc (IBEDC), Yola Electricity Distribution Company (YEDC) and Abuja Electricity Distribution Company (AEDC), Eko Electricity Distribution Company (EKDC) have declared an immediate increase in electricity tariffs for its Band A customers.
The companies hiked the rate from ₦206.80 per kWh to ₦209.50 per kWh effective immediately.
This change was confirmed through an official notice issued by the company on Wednesday.
These elements have notably influenced the company’s operational costs, necessitating the tariff revision to sustain service quality.
The tariff adjustment specifically targets Band A customers, known for having a minimum of 20 hours of electricity supply per day.
For other customer bands, specifically Bands B through E, the tariffs will remain unchanged. This decision reflects the company’s strategic approach to cost recovery based on service delivery levels across different customer segments.
The Acting Managing Director of IBEDC, Francis Agoha, emphasized the company’s dedication to delivering reliable and efficient electricity services.
“We understand that any change in tariffs can be a concern for our customers, and we assure you that this adjustment is necessary to maintain and improve the quality of our services,” Agoha said.
He reassured customers that the adjustments were essential for the company to continue providing high-quality electricity services and ensuring value for customer money.
Other company locations have equally sent messages to consumers: