Business

Band A customers opt for solar as energy costs triple

today05/14/2024 4

Background
share close

Premium electricity consumers categorised as Band A customers are embracing solar power as an alternative source of energy following the recent tariff hike as well as the high cost of fuel,
In Nigeria, the average person is gradually losing the ability to afford electricity as they still struggle to pay for other essentials of life.
Since April, many people have seen an increase in their electricity costs of over 300 percent as a result of the government’s decision to stop providing subsidies for electricity in areas covered by Band A feeders.
Recall that, the Nigerian Electricity Regulatory Commission, in its supplementary Multi-Year Tariff Order for April, raised the tariff in Band A to N225 per kilowatt-hour from N68.

Written by: bossgmsi

Rate it

Previous post

News

FEC approves tripartite committee to streamline investor visa process

The Federal Executive Council, FEC, has approved the establishment of a tripartite committee tasked with streamlining visa processes and acquisition. As disclosed by the Minister of Information and National Orientation, Muhammad Idris, while briefing State House Correspondents on Tuesday, the committee would ensure that investors and tourists find it easy to acquire Nigerian visas within 48 hours. Idris said the approval of the committee is aimed at easing processes for […]

today05/14/2024 3 1

Post comments (0)

Leave a reply

Your email address will not be published.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

0%
Our customer support team is here to answer your questions.
error: Alert: Content is protected !!