The Electricity Consumers Association of Nigeria (ECAN) has commended Aba Power Electricity (APEL) for retaining the 2023 electricity tariff notwithstanding the April 3, 2024 electricity tariff increase on Band A on other power Distribution Companies (DisCo) in the country by almost 300 per cent. NERC had approved an increase from N68 per kilowatt hour (kWh) to N225 kWh on Band A segment, which was subsequently reduced to N206.80/kwh last week.
According to ECAN, by not increasing the tariff, Aba Power has shown consideration for its customers, especially manufacturers who have been facing various challenges in their businesses of late.
“Only a firm with a high sense of corporate social responsibility can have such consideration. Though Aba Power Electricity (APEL) Limited began commercial operations only in September 2022, its business model has become exemplary.”
“For a new DisCo to continue with the 2023 rate for all customers the Nigeria Electricity Regulatory Commission (NERC) has approved a new significant tariff regime, despite the economic vicissitudes Nigeria has been going through, is nothing short of extraordinary patriotism and deserves commendation by all and sundry,” the Southeast ECAN zonal chairman, Joe Ubani, and the secretary, Chris Okpara, said in a statement.
