IBEDC Implements New Electricity Tariff

Ibadan Electricity Distribution Company Plc (IBEDC) has announced the commencement of the revised service-based reflective tariff approved by the Nigerian Electricity Regulatory Commission (NERC).

News Rain Nigeria reports that in a statement by the Head Branding and Corporate Communications, Angela Olanrewaju, the Disco stated that customers on the pre-paid platform will be the first to experience the revised tariff whenever they vend in this month of November, as the new tariff is effective from 1st November 2020.

IBEDC Implements New Electricity Tariff

While for Post-paid customers, the revised tariff will reflect on the electricity bills they receive at the end of November 2020.

“Kindly recall that the new tariff is divided into 5 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 & C will see some level of increase on their last month’s tariff as they vend, while customers on bands D & E have their tariff frozen,” she added.

IBEDC is also assuring its customers that they remain unequivocally committed to ensuring quality and improved service across their franchise.

“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’’.