Ibadan Electricity Distribution Company Plc (IBEDC) on Tuesday announced that it had begun implementation of the revised service-based reflective tariff as approved by the Nigerian Electricity Regulatory Commission (NERC).
A statement by the Head, Branding and Corporate Communications of IBEDC, Angela Olanrewaju, stated that customers on the pre-paid platform will be the first to experience the revised tariff whenever they vend in the month of November.
According to Olanrewaju, the new tariff was effective from November 1, 2020.
She added that for post-paid customers, the revised tariff would reflect in the electricity bills they receive at the end of November 2020.
“Kindly recall that the new tariff is divided into five 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 said.
IBEDC also assured its customers that it remained unequivocally committed to ensuring quality and improved service across its 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,” Olanrewaju added