The Ibadan Electricity Distribution Company Plc, IBEDC, yesterday said it has begun the implementation of the revised service-based reflective tariff as approved by the Nigerian Electricity Regulatory Commission, NERC, with effect from November 1, 2020.
The DisCo in a statement by its Head, Branding and Corporate Communications, Angela Olanrewaju, said customers on the pre-paid platform will be the first to experience the revised tariff whenever they vend in the month, while it will reflect in the electricity bills of post-paid customers at the end of the month.
She said, “Kindly recall that the new tariff is divided into five bands and based on hours of supply to customers, measured by the daily average availability of supply over a month.
“Customers on bands A, B and C will see some level of increase on their last month’s tariff as they vend, while customers on bands D and E have their tariff frozen.
Assuring its customers of unequivocal commitment to ensuring quality and improved service across its franchise, the DisCo added, “We appeal for the continued support and understanding of our esteemed customers, as we begin the implementation of the revised service centric tariff, developed to meet your yearnings for an improved and efficient electricity supply industry in Nigeria.”