List Of West African Countries With Cheapest Electricity Tariffs

List Of West African Countries With Cheapest Electricity Tariffs

Despite recent increases in electricity tariffs, Nigeria maintains one of the lowest rates in West Africa. The Nigerian Electricity Regulatory Commission (NERC) raised the cost to N225 per kilowatt-hour (kWh) for Band A consumers, those receiving up to 20 hours of power daily, starting April 3, 2024……READ ALSO 107 Companies Benefit From FG’s Tax Exemption Scheme: Full List

This adjustment, representing a 240 percent increase from the previous rate of N66/kWh, has sparked widespread discontent, significantly affecting various sectors and the general populace.

However, when compared to other countries in the region, Nigeria’s current electricity tariff of $0.20/kWh remains relatively low. Here are 5 West African countries with higher electricity tariffs than Nigeria:

1. Mali:
   • Electricity tariff: $0.215/kWh
   • Differential percentage with Nigeria: about 1164 percent
2. Togo:
   • Electricity tariff: $0.215/kWh
3. Senegal:
   • Electricity tariff: $0.180/kWh
4. Ghana:
   • Electricity tariff: $0.125/kWh
5. Ivory Coast:
   • Electricity tariff: $0.119/kWh

These comparisons highlight the complex dynamics of energy economics in the region, where factors like operational costs, government subsidies, and infrastructural investments play pivotal roles in determining electricity tariffs.

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