Cost of 100 Units of Electricity in Nigeria (August 2022)

Since its discovery, electricity has grown to become one of the most important needs of man. We use electricity to power several household items and business equipment. Today, there are even cars that run on electricity.

Electricity billing in Nigeria is based on a cost-reflective tariff. Many customers hardly understand what this is and can hardly even calculate their tariffs. As such, you hear people ask questions like “how much do 100 units of electricity cost in Nigeria today?” Continue reading this post to find out the answer to this question.

Cost of 100 Units of Electricity in Nigeria

Cost of 100 Units of Electricity in Nigeria

The cost of electricity in Nigeria has not been constant for a while. This is a result of privatizing the power sector sometime in 2005. As a result, there are different electricity distribution companies in the country. The cost of a unit of electricity may be a little different for each of these companies.

While the companies haven’t exactly published their prices for the general public to see, we have an idea of what the cost is like. Note that the cost of electricity for households is different from the cost of electricity for businesses. So how much do 100 units of electricity cost in Nigeria?

  • Household (kWh): N2,359 per 100 units (at N23.59 per unit)
  • Businesses (kWh): N3,853 per 100 units (at N38.53 per unit)

These prices are just the average when you consider the costs from different parts of the country. As such, they may be slightly different depending on your location and the electricity distribution company overseeing it.

Comparing Electricity Prices in Nigeria to Other Parts of the World

Now that you have the information above, let’s compare the cost of electricity per unit in Nigeria to what is obtainable in other countries. Check the list below to see the cost of electricity per unit in some selected countries.

Households

  • Sudan: N0.734
  • Libya: N1.780
  • Iran: N1.837
  • Lebanon: N1.995
  • Ethiopia: N2.969
  • Kyrgyzstan: N4.160
  • Suriname: N6.285
  • Bhutan: N6.924
  • Angola: N8.678
  • Iraq: N9.834
  • Oman: N10.656
  • Uzbekistan: N11.153
  • Cuba: N12.404
  • Qatar: N13.519
  • Kuwait: N13.552
  • Burma: N13.943
  • Zimbabwe: N13.988
  • Zambia: N14.201
  • Afghanistan: N14.791
  • Algeria: N15.753
  • Azerbaijan: N16.891
  • Kazakhstan: N16.921
  • Egypt: N18.540
  • Laos: N19.152
  • Saudi Arabia: N19.683
  • Pakistan: N21.040
  • Trinidad & Tobago: N21.154
  • Malaysia: N21.362
  • Bahrain: N21.762
  • Argentina: N23.440
  • Turkey: N23.745
  • Paraguay: N24.173
  • Ghana: N24.820
  • Ukraine: N25.602
  • Russia: N25.774
  • Georgia: N26.507
  • Bangladesh: N26.830
  • Nepal: N28.054
  • Sri Lanka: N29.877
  • Tunisia: N29.947
  • India: N31.214
  • Mexico: N32.990
  • Armenia: N33.309
  • Vietnam: N33.498
  • United Arab: N33.504
  • Belarus: N34.000
  • DR Congo: N34.155
  • Moldova: N34.990
  • Cameroon: N35.249
  • China: N35.434
  • Northern Macedonia: N35.810
  • Serbia: N37.003
  • Dominican Republic: N37.015
  • Lesotho: N39.713
  • Jordan: N40.500
  • Tanzania: N40.858
  • Ecuador: N41.020
  • Indonesia: N41.370
  • Taiwan: N41.582
  • Botswana: N42.341
  • South Korea: N42.375
  • Bosnia & Herz: N42.562
  • Albania: N43.663
  • Canada: N44.827
  • Swaziland: N44.838
  • Thailand: N46.382
  • Madagascar: N46.640
  • Hungary: N47.171
  • Malawi: N47.573
  • Bolivia: N48.218
  • Brazil: N49.824
  • Namibia: N49.962
  • Costa Rica: N50.828
  • Ivory Coast: N51.346
  • Morocco: N51.899
  • Bulgaria: N54.438
  • South Africa: N55.617
  • Norway: N55.781
  • Mauritius: N56.898
  • Mozambique: N57.261
  • Iceland: N57.968
  • Colombia: N58.403
  • Sierra Leone: N58.654
  • Macao: N59.230
  • Malta: N60.185
  • Cambodia: N61.442
  • Hong Kong: N61.519
  • USA: N61.530
  • Croatia: N63.391
  • Romania: N65.472
  • Panama: N65.656
  • Singapore: N65.975
  • Chile: N67.168
  • Estonia: N69.444
  • Philippines: N71.317

 

Businesses

  • Lebanon: N2.475
  • Libya: N2.758
  • Angola: N7.072
  • Lesotho: N8.353
  • Ethiopia: N8.645
  • Sudan: N9.360
  • Kyrgyzstan: N12.142
  • Algeria: N13.505
  • Bhutan: N13.633
  • Qatar: N14.646
  • Argentina: N15.694
  • Iraq: N16.858
  • Uzbekistan: N17.013
  • Paraguay: N20.132
  • Kuwait: N20.327
  • Iceland: N20.577
  • Zambia: N21.657
  • Trinidad & Tobago: N21.698
  • Azerbaijan: N21.716
  • Kazakhstan: N21.735
  • Turkey: N24.338
  • Sri Lanka: N26.261
  • South Africa: N26.937
  • Armenia: N27.060
  • Mozambique: N27.725
  • Saudi Arabia: N28.103
  • Moldova: N28.965
  • Swaziland: N29.465
  • Egypt: N30.030
  • Nepal: N30.491
  • Bahrain: N31.554
  • Vietnam: N31.632
  • Norway: N31.791
  • Indonesia: N31.922
  • Ecuador: N34.867
  • South Korea: N35.485
  • Estonia: N35.584
  • Russia: N36.769
  • Ukraine: N37.596
  • Malaysia: N37.675
  • Burma: N37.957
  • Canada: N39.064
  • Rwanda: N39.086
  • Uruguay: N39.837
  • DR Congo: N39.851
  • Georgia: N40.158
  • China: N40.846
  • United Arab Emirates: N40.875
  • Czech Republic: N41.186
  • Tanzania: N42.065
  • Bangladesh: N42.995
  • Tunisia: N43.066
  • Serbia: N43.459
  • Croatia: N43.514
  • Northern Macedonia: N44.436
  • Bulgaria: N44.497
  • USA: N44.712
  • Belgium: N45.370
  • Thailand: N45.535
  • Madagascar: N45.895
  • Finland: N46.296
  • Belarus: N46.466
  • India: N46.470
  • Philippines: N46.515
  • Brazil: N47.153
  • Netherlands: N47.222
  • Spain: N47.222
  • Bosnia & Herz.: N47.527
  • Morocco: N47.551
  • Romania: N47.981
  • Albania: N48.450

Note that the prices above are for a unit of electricity in each of these countries converted to Naira. The prices are subject to change depending on several factors. We will be on the lookout for price changes and update this post once we notice any.

Electricity Distribution Companies in Nigeria and their Addresses

The Federal Government of Nigeria sold off the Power Holding Company of Nigeria to private entities in 2013. As a result, the company was split into smaller entities or companies known as Local Electric Distribution Companies. Each of these companies was responsible for the handling of electricity distribution within their jurisdiction.

The latest update to the list of Local Electric Distribution Companies was in 2016. At this time, we had 11 Local Distribution Companies. We have listed them below:

  • Abuja Electricity Distribution Company PLC: Wuse Zone 4, Abuja, FCT. It covers Abuja, Niger, Kogi, and Nassarawa.
  • Benin Electricity Distribution Company PLC: No 5 Akpakpava Street, Benin-City. It covers Edo, Delta, Ondo, and parts of Ekiti State.
  • Eko Electricity Distribution Company PLC: 24/25 Marina, Lagos. It covers parts of Lagos State.
  • Enugu Electricity Distribution Company PLC: No 12 Station Road, Okpara Avenue, Enugu. It covers Enugu, Abia, Imo, Anambra, and Ebonyi States.
  • Ibadan Electricity Distribution Company PLC: Capital Building, 115 Ring Road, Ibadan. It covers Oyo, Ogun, Osun, Kwara, and parts of Ekiti State.
  • Ikeja Electricity Distribution Company PLC: Secretariat Road, Alausa, Ikeja. It covers parts of Lagos State.
  • Jos Electricity Distribution Company PLC: No 9 Ahmadu Bello Way, Jos. It covers Plateau, Bauchi, Benue and Gombe States.
  • Kano Electricity Distribution Company PLC: No 1 Niger Street, P.M.B. 3089, Kano. It covers Kano, Jigawa and Katsina States.
  • Kaduna Electricity Distribution Company PLC: Nagwamatse Building, Ahmadu Bello Way, Kaduna. It covers Kaduna, Sokoto, Kebbi and Zamfara States.
  • Port Harcourt Electricity Distribution Company PLC: No 42 Obiwali Road, Rumuigbo, Port Harcourt. It covers Rivers, Cross River, Bayelsa, and Akwa Ibom States.
  • Yola Electricity Distribution Company PLC: No 2 Atiku Abubakar Road, Jimeta Yola, Yola. It covers Adamawa, Borno, Taraba and Yobe States.

Leave a Reply

error: Content is protected !!