Eko Power: What Lagos Electricity Consumers Should Know
Eko Power Limited has reaffirmed its licence to distribute electricity in southern Lagos State, clarifying its regulatory status and the authority responsible for overseeing its tariffs and service delivery.
The company said the Lagos State Electricity Regulatory Commission (LASERC) regulates its operations, including electricity tariffs and service standards.
According to a statement reported by Nigeria Info on Thursday, October 15, 2026, the clarification follows changes to Nigeria’s electricity regulatory framework that transferred regulatory oversight of intrastate electricity markets to state governments.
The development highlights the growing role of state governments in regulating electricity distribution and determining the rules that govern power supply within their territories.
Here are five things Lagos electricity consumers should know about the development.
1. Eko Power holds a licence to distribute electricity in southern Lagos
Eko Power said it is licensed by LASERC to distribute electricity in the southern parts of Lagos State.
The company explained that its operating status followed changes to Nigeria’s electricity laws, which allow state governments to regulate electricity markets within their territories.
The licence places Eko Power under Lagos State’s regulatory framework for electricity distribution, including requirements relating to tariffs and service delivery.
Consumers should note that the announcement concerns the company’s licensing and regulatory status. It does not announce an immediate change to electricity prices.
2. LASERC regulates Eko Power’s tariffs
One of the key points in the company’s statement is that LASERC oversees its electricity tariffs.
Eko Power said it operates under the commission’s approved tariff methodology and must comply with its service-level standards.
The company also referred to its approved cost-reflective tariffs, which are designed to reflect the costs associated with supplying electricity.
Electricity consumers can therefore look to LASERC’s regulatory framework for information about the applicable tariff rules.
However, the statement did not announce a new tariff rate or an across-the-board increase in electricity bills.
3. Lagos State took over electricity market regulation
The change followed the Electricity Act 2023, as amended, and a constitutional amendment that expanded state governments’ authority over electricity generation, transmission and distribution within their territories.
Lagos State subsequently enacted the Lagos State Electricity Law 2024 and established LASERC to regulate its electricity market.
The Nigerian Electricity Regulatory Commission (NERC) began transferring regulatory oversight of Lagos State’s retail electricity distribution market in December 2024.
According to Eko Power, the transition was completed in June 2025, when LASERC assumed responsibility for retail electricity distribution and end-user tariffs in the state.
The change forms part of Nigeria’s broader electricity sector reforms, which allow states to develop and regulate electricity markets within their boundaries.
4. Electricity service standards remain part of the regulatory requirements
Eko Power said its operations are subject to LASERC’s service-level standards and customer service commitments.
These requirements cover the company’s obligations to customers across different electricity customer bands and feeders.
The company also said it would continue publishing tariff information and service performance data in line with the regulator’s transparency requirements.
For consumers, the regulatory framework provides a basis for assessing whether the distributor meets its stated service obligations.
However, the announcement did not report any new penalties, compensation scheme or immediate changes to customer service arrangements.
5. Consumers should check official tariff information
Eko Power’s clarification provides an opportunity for customers to understand the regulatory framework governing their electricity supply.
Consumers seeking information about applicable tariffs and service commitments should consult the company’s official channels and relevant LASERC publications.
The company said its tariffs and service-level commitments are subject to the commission’s rules.
Customers should also distinguish between an announcement about regulatory authority and a separate decision introducing new electricity prices.
For now, Eko Power’s statement reaffirms its licensed status and the role of LASERC in regulating electricity distribution in southern Lagos. It does not, by itself, signal an immediate change to customers’ bills.