Ikeja Electric opens compensation portal: Band A customers can claim free electricity units

By

Ikeja Electric has opened its compensation portal, allowing eligible Band A customers to claim refunds in the form of free electricity units after prolonged poor power supply earlier this year. The move follows a directive from the Nigerian Electricity Regulatory Commission (NERC), which ordered electricity distribution companies (DisCos) to compensate affected customers for failing to meet the minimum service levels promised under the Band A tariff.

Band A customers, who pay premium tariffs, are expected to receive the highest number of daily electricity supply hours. However, many experienced significant disruptions between February and March 2026 due to nationwide generation shortfalls.

NERC directive and cause of the shortfalls

In a statement issued on June 4, NERC said it introduced Directive No. NERC/2026/002 after discovering that several DisCos failed to provide the agreed hours of electricity to some Band A customers. According to the commission, the supply shortages were largely caused by inadequate gas supply to power plants and the vandalism of critical gas pipelines and transmission infrastructure. While acknowledging that these challenges were beyond the direct control of distribution companies, the regulator maintained that affected customers deserved compensation for the reduced service.

How to claim your free electricity units

Announcing the development on its official X account, Ikeja Electric urged eligible Band A customers to visit its compensation portal to confirm whether they qualify for the refund. The company stated: 'Eligible Band A customers can now conveniently check their compensation status through the Ikeja Electric Band A Compensation Portal.'

Customers can complete the process by following these simple steps:

Log in to the Band A Compensation Portal. Enter your meter number. Check your eligibility status. Claim your compensation in free electricity units if eligible.

The firm said the process has been designed to make it easier for customers to verify their status and access the compensation approved by the regulator.

What this means for the power sector and consumers

The compensation initiative comes as Nigeria continues to grapple with persistent electricity shortages driven by recurring grid disturbances and low power generation. Industry experts estimate that the country generates only about 4,000 megawatts of electricity for a population of more than 200 million people, leaving households and businesses struggling with unreliable power supply. The latest compensation exercise is expected to provide temporary relief for affected Band A customers while authorities work to improve electricity generation and strengthen the nation's power infrastructure.

Forex News

U.S. imposes four-year limit on international student visa stays, hits Nigerians
ABOKI FOREX
EFCC re-arraigns Tunde Ayeni on amended charges over N15.6 billion fraud case
ABOKI FOREX
Tinubu unveils $3.05 billion poverty reduction and human capital programmes
ABOKI FOREX
Ikeja Electric opens compensation portal: Band A customers can claim free electricity units
ABOKI FOREX
ntel exits voice and data business, pivots to AI and digital infrastructure
ABOKI FOREX
Cooking Gas Depot Prices Drop by N7/kg as Marketers Cut Wholesale Rates
ABOKI FOREX
Full list of 20+ countries whose citizens can visit the UK visa-free in 2026
ABOKI FOREX
CBN releases new FX rules for BDCs, keeps $150,000 weekly dollar purchase limit
ABOKI FOREX
Naira Gains Against Dollar in Official Window as Liquidity Improves
ABOKI FOREX
US scraps indefinite stay for students and journalists, new visa rules take effect September 2026
ABOKI FOREX