The Ikeja Electricity Distribution Company has refuted the claims stating that it will raise electricity tariffs for its customers starting from July 1, 2023.
The company made this clarification through an official statement published on its website on Monday, June 26, 2023.
The denial comes in response to a report by an online news platform (Not NewsClick Nigeria) on Sunday, June 25, 2023, which stated that electricity distribution companies would be increasing their tariffs from July 1, 2023.
According to the report, the DisCos allegedly sent text messages to their respective customers on Sunday night, informing them about the impending tariff hike.
The reported reason for the tariff adjustment was attributed to the fluctuation of the naira in the exchange rate market.
In the report, IKEDC’s alleged message to its customers read, “Dear Customers, electricity tariffs are set to go higher on July 1st due to the floating exchange rate. MYTO 2022 set the exchange rate at N441/$1, which may now be adjusted to about N750/$1. We may be looking at a base tariff of N100 per kWh for Band C (12 – 16 supply hours per day).
“Bands A (20 hours and above) and B (16–20 hours) will be much higher. If you have a prepaid metre, buying bulk energy units for your home or office before the end of the month may help you make some savings before you have to buy at the new rate.
“For those on post-paid (estimated) billing, a significant increment is imminent in your monthly billing, starting in August. Please take note. Electricity units are set to jump by 30-40% in just over a week. You are best advised to buy as many units as you can before July 1.”
However, the Ikeja Electricity Distribution Company has discredited these claims and stated that no such tariff increase will be implemented as of July 1, 2023.
The statement read, “Public Notice: Avoid Fake News. Dear Esteemed Customer, if the information is not from or on any of our social media handles, then it is not true.”
The statement further directed customers to always rely on its various information channels – Twitter, Instagram, Facebook and website – for reliable updates and information on their services.
“Follow Ikeja Electric on Twitter, Instagram and Facebook or visit www.ikejaelectric.com for authentic information and updates”, the statement read.
