Dear esteemed customers,
This is to kindly notify our valued customers that The Nigerian Electricity Regulatory Commission (NERC) has approved an upward review in the price of electricity prepayment meters under the meter asset provider (MAP) scheme from ₦63,061.32 to ₦88,123.30 for Single – Phase and from ₦117,910.69 to ₦154,623.81 for Three – Phase meters (VAT inclusive), effective 5th September 2023, in NERC Order no: NERC/2023/020.
While taking into consideration the affordability and price burden on customers, the price review was necessary to ensure viable return on investment (RoI) and cost recovery associated with meter procurement and maintenance to guarantee fairness to both meter asset providers and customers.
Therefore, customers intending to acquire meters through MAP scheme are to take note of the new cost of meters. However, all customers who had previously paid for meter under this scheme prior to the commencement of this order shall be provided with a meter with no additional cost.
Also, new customers are to note that all electricity connections must be done strictly based on metering before connection. That is, no new customer will be connected without a meter first being installed at the premises.
For further information and enquiries about metering, please visit our website www.kedco.ng, our social media pages: @kedcoplc, contact our customer care hotline: 070055551111, or visit any KEDCO office nearest to you.
Be assured that our topmost priority remains providing efficient electricity services with undivided focus on our customers’ satisfaction.
Signed:
Management
07/09/2023