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DisCo Announces 50% Electricity Tariff Hike

Aba Power, an electricity distribution company in Nigeria, has announced a significant increase in electricity tariffs for its customers in Abia State, with rates rising by over 50%. The adjustment, which took effect on January 1, 2025, has been approved by the Nigerian Electricity Regulatory Commission (NERC). ...Tap To Read The Full Story Here | ..Tap To Read The Full Story Here...

UTWEETS reports that the revised tariff structure was shared with customers through a notice posted on the company’s official X account. Under the new rates, customers in Band A feeders will now be charged between ₦219.70 and ₦241.45 per kilowatt-hour, a substantial increase from the previous rate of ₦99/kWh. Customers in Band B will face rates ranging from ₦180.77 to ₦203/kWh, while those in Band C will pay between ₦145 and ₦205/kWh.

Aba DisCo explained that this tariff increase is necessary to address the challenges posed by the prevailing macroeconomic conditions in Nigeria. In a statement, the company noted, “This adjustment will enable us to cushion the effects of recent macroeconomic developments on our ability to continue delivering high-quality service to our customers, in compliance with regulatory standards.”TOP NEWS TODAY! GOOD NEWS TO ALL NIGERIANS AT HOME AND ABROAD. PRESIDENT TINUBU SET TO PAY EVERY CITIZENS STIPENDS WHO DO THIS 5 THINGS. CHECK THE FULL LIST AND HOW TO APPLY IF YOUR QUALIFY.

The new tariff structure is part of ongoing efforts to maintain the company’s operations and ensure continued service delivery despite economic challenges....Tap To Read The Full Story Here.

Written by Utweets

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