The Ikeja Electricity Distribution Company (IKEDC) has announced a revised electricity tariff for Band A customers, which will take effect from July 1, 2024. Customers in Band A will now pay N209.5 per kilowatt-hour (kWh), up from the previous rate of N206.80/kWh. This adjustment is in accordance with the service-based tariff regime.
The company serves areas in Lagos and Ogun states. According to IKEDC’s statement on social media, the tariffs for Bands B, C, D, and E will remain unchanged. The statement reassured customers that the revised tariff will help sustain the improved service delivery being experienced across all feeder bands within the Ikeja Electric network.