The Nigerian Electricity Regulatory Commission (NERC) has given the go-ahead to raise the electricity rates for customers in the Band A category.
According to Persecondnews, Band A consumers are those who consume at least 20 hours per day under the Service Based Tariff (SBT).
The Vice Chairman of NERC, Mr. Musliu Oseni, revealed the increment during a press briefing in Abuja on Wednesday.
This change will cause customers to pay N225 per kilowatt per hour, up from the current rate of N66.
“We currently have 800 feeders that are categorized as Band A, but it will now be reduced to under 500. This means that 17 percent now qualify as Band A feeders. These feeders only service 15 percent of the total electricity customers connected to the feeders.
“The commission has issued an order which is titled ‘April supplementary order’ and the commission allows 235 kilowatts per hour.”
He added that the commission had also downgraded some customers on Band A to Band B due to non-fulfillment of the required hours of electricity provided by the electricity distribution company.
Musliu said: “We currently have 800 feeders that are categorized as Band A, but it will now be reduced to under 500. This means that 17 percent now qualify as Band A feeders.
“These feeders only service 15 percent of total electricity customers connected to the feeders.
“The commission has issued an order which is titled, ‘April supplementary order’ and the commission allows 235 kilowatts per hour.”
He noted that the review will not affect customers in the other bands.
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