Electricity Bill Increase for Band A Customers in Nigeria
Attention Band A Customers in Nigeria: Electricity bills are set to increase slightly starting July 1st, 2024. The Nigerian Electricity Regulatory Commission (NERC) approved this adjustment, raising the tariff from N206.80 to N209.50 per kilowatt-hour (kWh) to reflect changes in electricity generation and distribution costs.
Read On: New Prices of Prepaid Meters Deregulation of Prepaid Meter Prices
Reason for an increase in the electricity bill for Band A customers?
NERC, the National Electricity Regulatory Commission, plays a crucial role in maintaining a stable electricity market by regularly reviewing and adjusting tariffs. The price of gas, often utilized in power generation, is a significant determinant of electricity costs. Fluctuations in gas prices can directly impac...




















