An electricity distribution company operating in Nigeria, Aba Power, has announced a significant increase of over 50 per cent in electricity tariffs for its customers in Abia State.
OsunDailyNG reports that this information was communicated to customers via a notice shared on the companyโs official X account.
The increase has been approved by the Nigerian Electricity Regulatory Commission (NERC).
The new tariff structure took effect on January 1, 2025.
Under the revised rates, customers in Band A feeders will now be charged between โฆ219.70 and โฆ241.45 per kilowatt-hour, up from the previous rate of โฆ99/kWh.
Customers in Band B will see their rates rise to between โฆ180.77 and โฆ203/kWh, while those in Band C will pay between โฆ145 and โฆ205/kWh.
Aba DisCo has indicated that this tariff adjustment is a response to the prevailing macroeconomic conditions.
โWe also wish to inform you that we have recently received an approval order from the Nigerian Electricity Regulatory Commission (NERC) for an adjustment of electricity tariffs, effective January 1, 2025.
โThis adjustment will enable us to cushion the effects of recent macroeconomic developments in Nigeria on our ability to continue to deliver a high quality of service to our customers in compliance with regulatory standards,โ the announcement reads.