The Ibadan Electricity Distribution Company (IBEDC) has bowed to pressure by complying with the suspension order on the Service Reflective Tariff (SRT) and reverted to the old tariff.
This was contained in a statement signed and made available to newsmen by the Head of Branding and Corporate Communication of the company, Angela Olanrewaju.
In a statement titled ‘Notice of suspension of the service reflective tariff (SRT), the company said it had suspended the new tariff.
It said that the action was in line with the Nigerian ElectricityRegulatory Commission’s order on the suspension of the Service Reflective Tariff (SRT).
“IBEDC has complied with the directive and reverted to the old tariff as of Aug. 31, 2020.
“As such, tokens purchased for prepaid customers will be based on the old tariff rates and the next billing cycle for postpaid customers will equally reflect the same.
“Thank you for your continuous support and understanding,” the IBEDC said.