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Why prepaid meters are costly ― Mojec

Why prepaid meters are exorbitant ― Mojec

With more than 10 million families in Nigeria yet to be furnished with power meter, the Federal government has started the National Mass Metering Program (NMMP) in association with the eleven Electricity Distribution Companies, DISCO, Mojec International Limited, alongside other metering fabricating organizations in the nation.

The NMMP is to turn out 6,000,000 meters for all association focuses on the network that are at present without meters throughout the following 18 to two years. It is assessed to cover around 30 million shoppers cross country.

It is additionally expected to lessen the metering deficiency in the nation by 66.7 percent.

Vanguard accumulated that under the program, the central government would make supports accessible for the installment of the prepaid meters and the DISCOs would disperse to family units free.

Hence, clients will repay the expense of the meters throughout some undefined time frame.

Talking during the NMMP dispatch in Lagos, the Commissioner for Energy, Lagos State, Mr Olalere Odusote, said the quintessence of prepaid meters is to guarantee that everybody in Lagos comprehend the energy they are devouring and pay for it.

"One of the significant worries of customers is that the bills they are charged isn't intelligent of their capacity utilization.

"What the state government is doing is to guarantee that it endorses the metering program it is giving, so as opposed to having buyer pay for meters that they need promptly, the state government will prepay and customers would reimburse additional time.

"The meters would be accessible and your failure to bear the cost of a meter would not prevent you from getting a meter. The Lagos State Government is focused on guaranteeing that all Lagosians are metered before the finish of the current organization.

"As far as the installment, we are as yet captivating with the DISCOs to concoct a methodology."

Additionally, EKEDC, Managing Director and Chief Executive Officer, Engr. Adeoye Fadeyibi expressed that the Mass Metering program is an invite improvement and a lift to the extending of the Nigerian Electricity Supply Industry, NESI.

"The program couldn't have come at a superior time than now given the effect of the Covid-19 pandemic on organizations and family unit pay. For us at Eko, we will be turning out more than 100,000 meters in the following barely any weeks in the primary period of the program.

Also, Ikeja Electric Plc (IE) has set out on the circulation of prepaid meters to 106, 000 clients under the National Mass Metering Program (NMMP) endorsed by the Federal Government.

As indicated by the Acting Chief Executive Officer of IE, Mrs. Folake Soetan, "Ikeja Electric is turning out more than 106,000 prepaid meters to clients over its six Business Units – Ikeja, Abule-Egba, Akowonjo, O shodi, Ikorodu and Shomolu."

She said that this was for the first phase of the programme, which would run till the end of 2020. Beneficiaries of this programme, which will cut across all locations in IE network, will not be required to pay upfront for the installation of meters.

Soetan was of the view that the modalities of cost recovery for the meters would be clearly defined and communicated to the beneficiaries.

Cost of Prepaid meter

Speaking during the launch, the Group Managing Director, Mojec International Limited, Chantelle Abdul, said the metering programme is an initiative of the federal government to ensure that Nigerians get meters fast and close the metering gap.

She also hinted that the swiftness of the process is predicated on the availability of funds, adding that Mojec and Eko Disco have been partnering for many years to get meters in the hands of Nigerians.

“I think the difference here is that the government has provided the funding necessary so that the Discos will not have to do so much to afford the meters. The government has intervened with some financing to ensure that Discos are able to acquire the meters,” she said.

The cost of the single and double phase meter is still going to be the same as in the MAP price, because what a lot of people do not realise is that the price we are going for is not just the cost of the meter, it is the cost of the different services we are doing on it, such as meter, and survey.”

“We will survey houses and ensure they are meter ready, we are also going to consider other things. A meter doesn’t exist by itself, there are so many accessories. So, all of these are included in that price.

“The difference with this national metering Programme is the customer doesn’t have to pay for the meter upfront anymore. The payment is borne by the government and the Discos. The only thing is that the cost of the meter is embedded in the tariff.”

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Lagos State Mojec International Limited NMMP Nigeria Olalere Odusote


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