Ikeja Electricity Distribution Company (IKEDC) has announced that its company will implement the new tariff with effect from July 1.
This was made known through a message to its users, encouraging prepaid users to buy units in bulk before July 1.
See text below.👇👇👇
“Dear Customers, electricity tariffs are set to go higher on July 1st due to the floating exchange rate.
MYTO 2022 set the exchange rate at N441/$1, which may now be adjusted to about N750/$1.
We may be looking at a base tariff of N100 per kWh for Band C (12–16 supply hours per day).
Bands A (20 hours and above) and B (16–20 hours) will be much higher.
If you have a prepaid meter, buying bulk energy units for your home or office before the end of the month may help you make some savings before you have to buy at the new rate.
For those on post-paid (estimated) billing, a significant increment is imminent in your monthly billing, starting in August.”
Please take note.
Electricity units are set to jump by 30–40% in just over a week. You are best advised to buy as many units as you can before July 1.
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