Electricity distribution companies in the country have resumed implementation of the earlier suspended service reflective tariff, after weeks of deliberations between the Federal Government and labor unions.
The DisCos started informing customers that effective from November 1, 2020, the revised service reflective tariff would come into force as approved by the Nigerian Electricity Regulatory Commission (NERC).
Customers on the pre-paid platform, it was gathered, have already started experiencing the revised tariff after vending, starting from November 1st.
The revised tariff, according to the Abuja Electricity Distribution Company (AEDC), will reflect in the bills for customers on the postpaid platform when they receive their electricity bill.
Also, the revised service reflective tariff is divided into 5 Bands, based on hours of supply to the customers. While customers on Bands D & E have their tariff frozen, those on Bands A, B and C will experience a level of reduction in their unit as they vend.
With the revised tariff regime, however, the Non-MD and MD customers in Band A, with a minimum of 20 hours daily will now pay N53.48/Kwh, N49.27/Kwh and N48.84/Kwh rates respectively, while Band B customers with a minimum of 16 hours daily will be charged N52.31, N48.33 and N48.33/Kwh.
Similarly, Band C customers with a minimum of 12 hours daily will be charged N46.66, N44.05, and N44.05/Kwh.
The revised rates approved by NERC gave a slight reduction while there is no change in the rates for band D and E till the end of 2020.
Meanwhile, customers in Bands D and E, with a minimum of eight hours and four hours of power supply per day, respectively, are not impacted by the tariff revision.
Their SBT tariffs have been frozen and consequently, they will continue to be charged the old tariff prior to the introduction of the service reflective tariff.
Recall that the electricity distribution companies had suspended the new tariff regime after a meeting between labour unions and the federal government.
The electricity distribution companies complied with the order from NERC for the suspension of the revised tariff rates for 5 weeks.
The suspension followed a communique issued after a meeting between the federal government and the labour unions requesting consultations and finalization of negotiations by both parties on the tariff implementation.
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