Electric Tariff: Ibadan Disco Announces Date To Begin Implementation

The Ibadan electricity distribution company has announced that the new electricity tariff for Band A consumers will go into effect on April 3, 2024.

The company made this announcement in a statement that was signed by its management, and it stated that Band A customers who have prepaid meters will be the ones who will feel the increase when they use their meters starting on that date.It stated, “Please be informed that the Ibadan Electricity Distribution Company Plc (IBEDC) has begun the implementation of the revised Service-based Reflective Tariff as approved by the Nigerian Electricity Regulatory Commission (NERC) for band A customers only.”

“The new tariff is effective from 3rd April 2024.”

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Furthermore, the company stated that postpaid consumers will receive a bill reflective of the new tariff at the end of the month. It also called on its customers to visit the company’s website when to know their feeder classification- that is the band they fall into.

The statement reads, “Customers using prepaid meters will be the first to experience the revised tariff – N225/kWh whenever they vend in this month of April. While for Post-paid customers the revised tariff will reflect in the electricity bills, they receive at the end of April 2024.”