The Abuja Electricity Distribution Company (AEDC) on Friday said the sales of 900,000 meters for electricity users in the Federal Capital Territory (FCT), Kogi, Nasarawa and Niger states will commence within the next 36 months.
Three of its Meter Asset Provider (MAP) vendors, including, Mojec International, Turbo Energy and Meron will also be part of the distribution
The Managing Director of AEDC, Engr. Ernest Mupwaya, stated this at a ceremony on Friday in Abuja
He said Mojec will install and maintain meters for customers in the FCT and Kogi while Turbo Energy will do same for customers in Niger and Meron will handle customers in Nasarawa.
He said Customers would pay about N37,000 for a single phase meter and N67,000 for a three phase meter.
The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Distribution Companies (DisCos) to begin the sale of meters through the approved vendors since May 1, but AEDC is the first to start by May 10, launching it simultaneously in Lugbe (FCT), Keffi (Nasarawa State) and Minna (Niger state).
The Chairman of NERC, Prof. James Momoh who was represented by the General Manager, Finance and Management Services, Abdulkadir Shettima, said the MAP programme was an intervention to eliminate estimated billing and guarantee more revenue for the power sector because survey showed Nigerians are willing to pay for what they consume.
He directed AEDC and the vendors to ensure that meters are installed within 10 days after payment, noting that sanctions apply by deducting money from the performance guarantee bond posted by the vendors.
“If a meter is faulty, it must be replaced within two days or MAP will face the sanction,” he said, adding that if there is power outage for two weeks, metered customers on installment payment plan should not pay the Meter Service Charge (MSC).
Managing Director of Mojec International, Ms Chantelle Abdul said the company has over 20,000 meters in stock to start sales for Kogi and the FCT. It also unveiled about six banks that customers could go to for meter financing so they can buy the meters on loans.