Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff

Ikeja Electric Plc (IE) says it has commenced implementation of the revised Service Reflective Tariff (SRT), as approved by the Nigerian Electricity Regulatory Commission (NERC) effective Nov. 1.

The electricity distribution company made the announcement in a public notice posted on its official Twitter account on Sunday.

The previous SRT which began on Sept. 1 was suspended on Sept. 28 following a meeting between the Organised Labour and the Federal Government over its implementation.

Ikeja Electric said the revision was further to the consultative review meetings held between the parties concerning the Multi-Year Tariff Order 2020 SRT.

The DisCo said: “Under the SRT, the tariff classification is based on the quality of service and therefore, divided into 5 Bands (A-E).