Abuja Electricity Distribution Company, AEDC, has announced that a new tariff regime in the Federal Capital Territory, FCT, will take effect as from July 1 2023, urging customers to take advantage of the planned tariff hike and purchase units in bulk.
In a statement issued on Sunday, AEDC noted that the upward review was important following the fluctuation of the naira in the exchange rate market.
It said, “please be informed that there will be an upward review to the electricity tariff influenced by the fluctuating exchange rate effective July 1st 2023.
“The new base tariff for customers within band B and C, with supply hours ranging from 12 -16 per day, is expected to be N100 per kWh while Bands A with (20 hours and above) and B (16 to 20 hours) will experience comparatively higher tariffs.
“We encourage customers with a prepaid meter to consider purchasing bulk energy units before July to take advantage of the current rates and potentially make savings before the new tariffs come into effect.
“And for those on post paid (estimated) billing, a significant increment is imminent in your billing, starting from August.”