The management of the Benin Electricity Distribution Company (BEDC) Plc, has said that it has commenced implementation of the downward tariff review for its customers on feeder Band A effective May 6, 2024.
The company disclosed that the adjustment tallies with the tariff methodology prescribed by the Nigerian Electricity Regulatory Commission (NERC).
To that end, BEDC added that the tariff for Band A customers has been revised downward from NGN 225/kWh to NGN 206.80/kWh.
A statement endorsed by the BEDC Managing Director and Chief Operating Officer, Mr Deolu, in Benin on Tuesday that: “This downward revision follows meticulous consideration of changes in macroeconomic parameters,…
Source: Nigerian Tribune
