DisCos slash Band A electricity tariff to N206.80/kwh

Electricity Distribution Companies in Nigeria have announced a reduction in the tariff of customers under Band A classification to N206.80 per kilowatt-hour .The commission said customers under the classification are those who receive 20 hours of electricity supply daily.

“With the newly approved tariffs, subsidies for the 2024 fiscal year are expected to reduce by about NGN1.14 trillion in furtherance of the federal government’s realignment of the subsidy regime,” NERC said. In a statement on Monday, Sani Sani, head of corporate communications, Kano DisCo, said the downward review of the tariff followed an order by NERC.

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