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Home ยป DisCo Announces 50% Electricity Tariff Hike
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DisCo Announces 50% Electricity Tariff Hike

OsunDailyBy OsunDailyJanuary 6, 2025No Comments2 Mins Read
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DisCo Announces 50% Electricity Tariff Hike
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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 companyโ€™s 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 โ‚ฆ219.70 and โ‚ฆ241.45 per kilowatt-hour, up from the previous rate of โ‚ฆ99/kWh.

Customers in Band B will see their rates rise to between โ‚ฆ180.77 and โ‚ฆ203/kWh, while those in Band C will pay between โ‚ฆ145 and โ‚ฆ205/kWh.

Aba DisCo has indicated that this tariff adjustment is a response to the prevailing macroeconomic conditions.

โ€œWe 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.

โ€œThis 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.


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Announces DisCo Electricity hike tariff
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