The Ikeja Electricity Distribution Company (IE) announced that it has incorporated 19 new Band A feeders into its network following the recent decrease in electricity rates from 225/kWh to 206.80/kWh.
This is contained in a statement signed by the management of the company on Monday.
According to the statement from IE, this additional feeders of Band A to its network is driven by the firm’s capability to maintain at least 20 hours of daily availability during a performance evaluation period overseen by the Nigerian Electricity Regulatory Commission (NERC).
The regions Incorporated into Band A of Disco’s network are classified under the 11KV and 133KV Band A category, covering areas in Ikorodu, Magodo, Maryland, Magodo, Ilupeju, Ejigbo, and additional locations.
IE further noted that the approved Band A feeders are now stands at 104.
Earlier on Monday, Naijaonpoint reported that IE reduced its electricity tariff for customers in Band A from N225/kWh to N206.80/kWh.
According to a circular signed by the company’s management, IE stated that these customers will now pay N206.80/kWh instead of the N225/kWh previously mandated by the NERC.
The statement also assured that IE would deliver 20 to 24 hours of electricity daily to customers in this band, while maintaining the same tariffs for users in other categories.
In March, Naijaonpoint reported that IE incorporated an additional 34 new Band A feeders to its network with a view to increasing power supply to customers.
This development took place after a meticulous monitoring and evaluation by NERC.