Aba Power Limited Electric (APLE) has applied to the Nigerian Electricity Regulatory Commission (NERC) for an upward review of electricity tariff in its franchise areas.
According to BusinessDay, it said that the current tariff is no longer sustainable for its operation.
According to Ugo Opiegbe, managing director, Aba Power, who presented the application of the company at the NERC hearing in Abuja on Tuesday, the company proposes tariff increase from ₦223.12/kWh in 2024 to ₦263.08/kWh in 2025 for band A-Non MD.
It also plans 240.09/kWh in 2024 to ₦283.09/kWh in 2025 for Band A-MD1, and ₦245.20 in 2024 to ₦289.11 in 2025 for A-MD2.
