The Federal Government plans to regularise electricity tariffs in a bid to address disparities in the current billing system.

Minister of Power, Adebayo Adelabu, said the government is considering this option over the slow pace of migration to Band A customers, which he attributed to the reluctance of Distribution Companies to make the necessary investments.

Under the current structure, customers in Band B, who enjoy 18 to 17 hours of electricity supply, pay N63 per kilowatt-hour, while those in Band A, with only two hours more of supply, are charged N209 per kilowatt-hour.

Adelabu also noted that the Federal Government owes electricity generation companies and distribution companies over N4 trillion in electricity subsidies.