The Ibadan Electricity Distribution Company (IBEDC) says it has started the implementation of the revised service-based reflective tariff, as approved by the Nigerian Electricity Regulatory Commission (NERC).
Ms Angela Olanrewaju, IBEDC’s Head of Branding and Corporate Communication, said this in a statement in Ibadan on Tuesday.
She said that customers on the pre-paid platform would be the first to experience the revised new tariff, which took effect from Nov. 1.
“For our post-paid customers, the revised tariff will reflect in the electricity bills they receive at the end of November 2020.
“Kindly recall that the new tariff is divided into five bands; based on hours of supply to customers and 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 buy, while customers on Bands D and E have their tariff frozen,” she said.
Olanrewaju assured customers of the company’s commitment towards providing them with quality and improved service across its franchise area.
“We appeal for continued support and understanding of our esteemed customers, as we begin the implementation of the revised service tariff, developed to meet the people’s yearnings for an improved and efficient electricity supply in Nigeria,’’ she said.