IKEDC hikes electricity tariff for Band A consumers

The Ikeja Electricity Distribution Company, IKEDC, has announced a review of electricity tariff for Band A customers.

IKEDC serves parts of Lagos and Ogun states.

In a statement posted on its social media handles, IKEDC said the consumers will now pay N209.5/kWh instead of N206.80/kWh.

The new rate which is “in line with the service based tariff regime” is effective from July 1, 2024.

The statement also noted that the tariffs for Bands B, C, D and E “remain unchanged”.

It added that customers “can be rest assured that this development will further sustain the improved service delivery currently being experienced across all Feeder Bands within the Ikeja Electric network”.