Osun Electricity Market Law: What It Means for You as a Consumer

Osun Electricity Market Law: What It Means for You as a Consumer


Osun State has taken a major step toward solving its long-standing electricity problems — and the good news is, this time it’s more than talk.

A brand-new Electricity Market Law has been passed by the State House of Assembly, championed by Governor Ademola Adeleke, and it promises to change the way power is generated, distributed, and regulated across the state.

But what does this mean for you, the people of Osun — the market woman in Ife, the factory owner in Ede, the tailor in Ilesa, or the student in Ikire? Here’s a breakdown of the law in clear terms:

1. More Power, More Providers

The new law allows multiple sources of power generation, not just the national grid. This means:

Independent companies can now generate electricity using solar, hydro, wind, and other sources.

Osun State can now run off-grid projects to power communities, schools, farms, markets, and small businesses without waiting for the national grid.

Bottom Line: You may soon enjoy more reliable power from new, local sources — not just IBEDC.

2. End to IBEDC Monopoly and Abuse

For years, many residents have complained about poor services and unfair billing from the Ibadan Electricity Distribution Company (IBEDC). With this new law:

IBEDC can no longer operate without oversight and accountability.

A new State Electricity Regulatory Commission will monitor IBEDC’s operations in Osun.

The commission will also handle consumer complaints and ensure you’re not overcharged or mistreated.

Bottom Line: You now have a legal body that will protect your rights as a power consumer in Osun.

3. A New Commission to Regulate the Power Sector

The law establishes an Osun State Electricity Regulatory Agency, which will:

Give licenses to power producers (including small businesses and cooperatives).

Oversee fair pricing and customer service standards.

Make sure all power players — big or small — follow the rules.

Bottom Line: There’s now a referee on the field to make sure the electricity game is played fairly.

4. A Mix of Traditional and Renewable Energy

The new law encourages the use of renewable energy to complement the traditional power supply:

More support for solar power in homes, schools, farms, and businesses.

Clean energy solutions to reduce dependence on fuel and grid power.

Bottom Line: Expect a greener, cleaner future for electricity in Osun — and opportunities to adopt solar at lower costs.

5. Boost to Jobs, Investments, and Economic Growth

Governor Adeleke believes this law will:

Attract new investors into Osun's energy market.

Create more jobs in the renewable energy, installation, and service industries.

Encourage local entrepreneurs to develop mini-grids and power solutions.

Bottom Line: If you’re an entrepreneur, technician, or investor — Osun just opened a new frontier.

What Should You Do as a Citizen?

Stay informed: Learn about your rights under the new law.

Speak up: File complaints when service is poor — the law has your back.

Get ready: Communities and businesses can now partner to power themselves. Watch for new initiatives.

A New Dawn for Osun’s Electricity Future

Governor Adeleke’s move is more than political talk — it’s the foundation of a people-driven electricity future. For the first time in Osun State’s history, power belongs to the people, with the government providing the law, the structure, and the vision.

This is a moment for Osun residents to understand their power — both literally and figuratively.

Stay with Ifecityblog as we continue to monitor the implementation and offer further guides on how you can benefit.

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