Aba Power, a Nigerian electricity distribution company, has implemented a significant electricity tariff increase of over 50 percent for customers within its franchise area in Abia State.
The tariff hike, which took effect on January 1, 2025, was approved by the Nigerian Electricity Regulatory Commission (NERC) and announced by Aba Power in a notice shared on its official X (formerly Twitter) handle.
The new tariff structure shows that customers under Band A feeders will now pay between N219.70 and N241.45 per kilowatt-hour (kWh), up from the previous rate of N99/kWh. Those under Band B feeders will pay between N180.77 and N203/kWh, while Band C feeders will pay between N145 and N205/kWh.
In its statement, Aba Power attributed the tariff increase to the challenging macroeconomic conditions in Nigeria, emphasizing that the adjustment is necessary to maintain service quality.
“We also wish to inform you that we have recently received an approval order from the Nigerian Electricity Regulatory Commission (NERC) for an adjustment of electricity tariffs, effective January 1, 2025,” the company said.
“This adjustment will enable us to cushion the effects of recent macroeconomic developments in Nigeria on our ability to continue to deliver a high quality of service to our customers in compliance with regulatory standards.”