DisCos announce new electricity tariff increase for Band A customers

NAIRAMETRICS

Some of Nigeria’s electricity distribution companies (DisCos) announced the upward review of electricity tariffs for Band A customers on Wednesday.  

The upward review takes effect from July 1, according to statements posted on the X handles of some of the nation’s distribution companies. 

The distribution companies stated that customers in Band A will now pay N209.5/kWh, up from the previous rate of N206.80/kWh.

They also noted that the tariffs for Bands B, C, D, and E will remain unchanged. 

The companies said that the revision of the 2024 MYTO for Band A customers led to an increase in tariffs.  

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