Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: UPDATED: Ikeja Electric unveils 45 premium feeders’ locations in response to NERC’s Band A tariff hike
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
DistributionNewsPowerTransmission

UPDATED: Ikeja Electric unveils 45 premium feeders’ locations in response to NERC’s Band A tariff hike

Admin
Last updated: April 5, 2024 2:56 pm
Admin
Share
3 Min Read
Alausa 15MVA injection substation
SHARE

… 5-step guide for customers to discover their feeder bands

 

Oredola Adeola

Ikeja Electric (IE) has introduced 45 distinct feeders across multiple locations designated under the 11kV Band “A” Feeders, aligning with the Nigerian Electricity Regulatory Commission’s updated rates for customers within the Band A service category, ensuring a minimum average daily supply of 20 hours.

 

This was obtained by Advisors Reports in a publication released on Friday by the Ikeja Electric following NERC’s decision to reduce the number of feeders that meet the Band A threshold from 875 to less than 500.

 

Ikeja Electric has also introduced a five-step process for customers to determine their feeder band, to enhance customer awareness and engagement in understanding their electricity supply and service category.

 

Customers are encouraged to visit the Ikeja Electric website, click on Customer Service, then Customer Feeder Information, followed by Customer Feeder Verification, and finally entering their account or meter number.

 

Meanwhile the new reclassified 11 KV feeder names and locations are:

 

  1. 11-Adekunle FajuyiNJ-T1-Isaac John
  2. 11-Adekunle FajuyiNJ-T1-Oduduwa
  3. 11-Adeniyi JonesINJ-T1-Adeniyi Jones
  4. 11-AlimoshoINJ-T4-Akowonjo
  5. 11-AlimoshoINJ-T4-FHA
  6. 11-AlimoshoINJ-T4-Alimosho
  7. 11-HiltopINJ-T1-Hiltop
  8. 11-IgbobiINJ-T1-Market
  9. 11-IgbobiINJ-T1-Railway
  10. 11-IjuINJ-T1-Galilee
  11. 11-IjuINJ-T2-Water Works
  12. 11-Ilupeju BypassINJ-T1-Bypass
  13. 11-Ilupeju BypassINJ-T1-Industrial
  14. 11-Ilupeju BypassINJ-T1-Obanikoro
  15. 11-Ilupeju BypassINJ-T1-ATM
  16. 11-Ilupeju BypassINJ-T1-Rida Plastic
  17. 11-Ilupeju BypassINJ-T3-Coker
  18. 11-Ilupeju BypassINJ-T3-Palmgrove
  19. 11-Ilupeju BypassINJ-T4-Ikorodu
  20. 11-ItireINJ-T2-Canal
  21. 11-Lagos-HomsINJ-T1-Estate
  22. 11-MagodoINJ-T1-Emmanuel Keshi
  23. 11-MagodoINJ-T1-Owulade
  24. 11-MagodoINJ-T1-Shangisha
  25. 11-MagodoINJ-T2-Bashiru
  26. 11-MagodoINJ-T1-Okupe
  27. 11-MarylandINJ-T1-PTC
  28. 11-MarylandINJ-T1-Demurin
  29. 11-OdogunyanINJ-T1-Centex
  30. 11-OgbaINJ-T1-Ijaye
  31. 11-OgbaINJ-T1-Isokoko
  32. 11-OgbaINJ-T2-Ifako
  33. 11-OgbaINJ-T2-Mangoro
  34. 11-OgbaINJ-T2-ObaAkran
  35. 11-OjoduINJ-T1-Ojodu
  36. 11-OjoduINJ-T2-Express
  37. 11-OjoduINJ-T2-River Valley
  38. 11-PTCINJ-T1-Opebi
  39. 11-PTCINJ-T2-Awuse
  40. 11-SecretariatINJ-T1-Omole
  41. 11-SecretariatINJ-T2-Agidingbi
  42. 11-SecretariatINJ-T2-UAC
  43. 11-ShashaINJ-T1-Coker Estate
  44. 11-IgbobiINJ-T2-Igbobi
  45. 11-OdogunyanINJ-T2-Odokekere

Advisors Reports gathered that 11 and 33 feeder locations have been reclassified under Band “A” by the Nigerian Electricity Regulatory Commission (NERC), which is expected to enhance the efficiency and transparency of the power supply system for customers in the affected areas.

 

NERC has however in publication obtained by Advisors Reports on Thursday, emphasised  the decision to increase the tariff was based on key market tariff review indices, including Nigerian inflation, US inflation, exchange rate, transmission loss factor, generation cost, transmission and administration cost, and wholesale gas to power prices.

 

The new tariff hike, raising the average from N65/kWh to N225/kWh for customers on Band A, was justified by NERC through key market tariff review indices, including Nigerian inflation (12% to 31.7%), US inflation (3% to 3.2%), and a significant exchange rate increase from N919.39 to N1,463.30 per US dollar, alongside rising generation costs from N63.8 to N103.9/kWh and transmission & admin costs from N6.8 to N9.1/kWh.

 

NNPCL reaffirms commitment to utilization of HCDT funds to drive sustainable development in Niger Delta
NIPCO MD urges FG to encourage Chevron, other IOCs to boost butane production for domestic cooking gas market
NNPC Ltd recommends collaborative war room among upstream producers to tackle oil, gas sector challenges 
Gas Minister directs NMDPRA to develop cooking gas pricing framework within 90 days, as rates soar to N1,500/kg from N1,100/kg
TCN energizes 25 transmission transformers, boosts capacity to 2150 MVA between January, June 2024 – Engr. Abdulaziz, TCN MD

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article IBEDC reconnects UCH after almost 3 weeks of outages
Next Article NERC fines Abuja DisCo ₦200m for violation of new tariff order, directs customer refunds
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Latest News

JUNE 12: Tinubu grants full pardon, national honours to Ken Saro-Wiwa, Ogoni eight
Environment Impact News Special Report Upstream
June 12, 2025
Sterling Oil resolves dispute with PENGASSAN, commits to full compliance on expatriate quota breaches
Documentary Midstream News Special Report Upstream
June 11, 2025
Lagos govt. activates LASERC Order No. 001/2025 slams N20m fine on unlicensed electricity operators 
Distribution Energy Transition Generation News Power Renewables Solar Transmission
June 11, 2025
NGA President, Akachukwu Nwokedi appointed IGU Regional Coordinator for Africa
Documentary Downstream Midstream News Oil & Gas Sustainability Upstream
June 11, 2025
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?