Skip to content
logo
Menu
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Buy Electricity
  • Renew Cable TV
  • Get Bank Account
  • Electricity Bills
  • Updates
Menu
update

Important Update: Changes in Our Commission Structure

Posted on February 19, 2026February 19, 2026 by james Nwanganga

Stay informed about the latest updates to our commission structure, why these changes were made, and how they impact your transactions going forward. We remain committed to transparency, compliance, and supporting your continued growth.

  1. Important Update: MD Transaction Commission Structure

Dear Esteemed Partner,


We wish to inform you of an important update regarding MD transaction commission payouts.
Effective immediately, all Electricity Disco commission payouts will be strictly aligned with NERC-approved guidelines.


Please note:
Zero commission will apply to MD transactions across all Discos.

A prior communication was made regarding this update.


We sincerely apologize for the sudden change and any inconvenience this may cause.

Should you require further clarification or assistance, kindly reach out to our support team via any of the channels below:

  • Call: 0209 624 4444
  • WhatsApp: 0903 000 9930
  • Email: support@irecharge.com.ng

Thank you for your continued partnership.

2. New PHED & CEL Commission Update

Dear Esteemed Partner,

We wish to inform you of an important update regarding PHED and CEL commission payouts.

Effective Wednesday, 12th February 2026, all PHED and CEL commission payouts will be strictly aligned with NERC-approved guidelines.

A prior communication was made regarding this update.

PHED Commission Structure

Non-MD Transactions: 1.5% capped at ₦1,500 per transaction.

MD Transactions: Zero commission applies.

CEL Commission Structure

Non-MD Transactions: 1.5% capped at ₦2,500 per transaction.

MD Transactions: Zero commission applies.

We sincerely apologize for the sudden change and any inconvenience this may cause.

Should you require further clarification or assistance, kindly reach out to our support team via any of the channels below:

Call: 0209 624 4444
WhatsApp: 0903 000 9930
Email: support@irecharge.com.ng

Thank you for your continued partnership.

3. IBEDC Non-MD Transaction Commission Structure

Dear Esteemed Partner,

We wish to inform you of an important update regarding IBEDC Non-MD transaction commission payouts.

Effective immediately, IBEDC commission payouts will be strictly aligned with NERC-approved guidelines.

Please note:

The non-MD commission for IBEDC remains the same but will now be capped at ₦3,000 per transaction.

Kindly note that this change was implemented by the Disco in line with NERC regulations.

We sincerely apologize for any inconvenience this may cause and appreciate your understanding.

Should you require further clarification or assistance, kindly reach out to our Support Team via any of the channels below:

  • Call: 0209 624 4444
  • WhatsApp: 0903 000 9930
  • Email: help@irecharge.com.ng.

Thank you for your continued partnership.

Warm regards,
The iRecharge Team.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Important Update: Changes in Our Commission Structure
  • Accelerate: The New platform Built for iRecharge Merchants
  • Understanding Your Electricity Meter: Prepaid vs Postpaid
  • How iRecharge Works: A Step-by-Step Guide
  • The Negative Effect of National Grid Collapses to Businesses
©2026 The iRecharge Blog | Design: Newspaperly WordPress Theme