Electricity
consumers seeking to transit from the old metering system to the prepaid
metering under Eko Electricity Distribution Company (EKEDC) are to pay almost
twice the initial price of the meter to get hooked up.
Godwin
Idimudia, the manager, corporate affairs of EKEDC, confirmed to BusinessDay on
Monday that the company has raised the price of the meter from about N25,000 to
N39,375, an increase of about 60 percent.
“The
cost of meter now is N39,375. We have new smart meters now that can be read
directly from our various offices to guide against tampering and other vices.
It is also in the interest of the customers that they will now be paying for
exactly the energy consumed,” said Idimudia.
Owing
to estimated electricity billing of consumers across the country, pressure has
been mounting on
