Current Cost of Electricity Units in Nigeria (Prepaid Meter Tariffs). How Many Units Of Electricity Can 5,000 Naira Buy In Your Area

 Prepaid electricity units are now a popular way for Nigerians to save on their electricity bills. However, before you make the switch to a prepaid unit, it’s important to know the cost of prepaid electricity units in Nigeria.


“All DisCos shall set up a portal by 10th April 2024 on their website that allows all customers to check their current Bands by entering their meter or account numbers,” the electricity regulator said’’

The Nigerian Electricity Regulatory Commission (NERC) has issued new directives to the electricity distribution companies (DisCos) on the implementation of the April 2024 Multi-Year Tariff Order.

The directives were contained in a statement signed by NERC’s Deputy General Manager of Market Competition and Rates, Abba Terab. The NERC Vice Chairperson, Musiliu Oseni, who disclosed this while speaking at a press conference in Abuja, explained that only electricity customers in band A would be affected by the increase.

He noted that the increase would not affect Bands B, C, D and E while noting that the number of customers previously on Band A has been reduced. Band A customers are offered an average daily electricity supply of 20 hours, although many complain they do not get up to that.

The official said the Band A consumers represent 15 per cent of the population but consume 40 per cent of the nation’s electricity.

Accordingly, he said, power distribution companies (DisCos) will be allowed to raise electricity prices to N225 ($0.15) per kilowatt-hour from N68 

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