The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity rates for users in the Band A classification.
At a press event in Abuja on Wednesday, NERC’s Vice Chairman, Musliu Oseni, stated that the rise will see users pay N225 kilowatt per hour from the current N66.
Platinumpost reports that the customers under Band A are those who enjoy 20 hours of electricity supply daily.
Oseni said these customers represents 15 percent pf the 12 million electricity customers in the country.
He added that the commission had also downgraded some customers on the Band A to Band B due to non-fulfilment of the required hours of electricity provided by the electricity distribution company.
We currently have 800 feeders that are categorised 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 a 235 kilowatt per hour.”