• Electricity distribution companies and DisCos: upward revision approved for prepaid meters nationwide
• The new price adjustment by DisCos affected single-phase and three-phase prepaid meters
• The review is part of the ongoing deregulation of Meter Asset Providers (MAPs), as mandated by the Nigerian Electricity Regulatory Commission.

Dave Ibemere’s Legitimate Journalist has over a decade of experience in business journalism and extensive knowledge of Nigeria. economyactions and general market trends.

Electricity distribution companies (DisCos) in Nigeria have once again increased the prices of various types of prepaid electricity meters to between about N117,000 and N149,800, depending on the distribution company and meter supplier.

The latest price revision is the second increase in just four months.

In various messages sent to customers, DisCos indicated that the new prices came into force on Tuesday November 5, 2024.

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In August, Legit.ng reported that a prepaid costs on average N124,700,

New prepaid meter changes

The price adjustment is part of the ongoing deregulation of Meter Asset Providers (MAPs), as mandated by the Nigerian Electricity Regulatory Commission (NERC), which now allows DisCos to adjust prices in depending on market forces.

Checks carried out by Legit.ng showed that the new prices vary between different DisCos, influenced by factors such as meter type (single phase vs three phase) and the specific suppliers involved.

The updated prices are as follows:

Eko Disco:

Single-phase meter: 135,987.5 Naira – 161,035 Naira

Three-phase meter: N226 600 – N266 600

Ibadan Disco:

Single-phase meter: N130 998 – N142 548

Three-phase meter: N226,556.25 – N232,008.04

Abuja Disco:

Single-phase meter: N123 130.53 – N147 812.5

Three-phase meter: N206 345.65 – N236 500

Kano Electricity:

Single-phase meter: N127,925 – N129,999.75

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Three-phase meter: N223 793 – N235 425

Kaduna Disco:

Single-phase meter: N131 150 – N142 548.94

Three-phase meter: N220 375 – N232 008.04

Electricity distribution companies and DisCos have approved an upward revision of prepaid meters nationwide. The new price adjustment by DisCos affected both single-phase and three-phase prepaid meters. The review is part of the ongoing deregulation of meter asset providers (MAPs), as mandated by Nigeria. Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism and has in-depth knowledge of the Nigerian economy, stocks and general market trends. Electricity Distribution Companies (DisCos) in Nigeria have once again increased the prices of various types of prepaid electricity meters ranging from about N117,000 to N149,800, depending on the distribution company and supplier counters. The latest price revision is the second increase in just four months. Once again, Nigerians have to pay more to get meters Photo credit: alvarez In various messages sent to customers, DisCos said the new prices came into effect on Tuesday, November 5, 2024. In August, Legitng reported that a prepaid cost an average of N124,700, New Changes to prepaid meters Checks carried out by Legit.ng showed that the new prices vary across different DisCos, influenced by factors such as the type of meter (single-phase or three-phase) and specific suppliers involved. The updated prices are as follows: Eko DisCo: Single phase meter: N135,987.5 – N161,035 Three phase meter: N226,600 – N266,600. Ibadan DisCo: Single phase meter: N130,998 – N142,548 Three phase meter : N226,556.25 – N232,008.04Abuja DisCo: Single phase meter: N123,130.53 – N147,812.5Three phase meter: N206,345.65 – N236,500Kano Electricity: Single phase meter: N127,925 – N129,999.75Thre e -Comp phase sensor: N223 793 – N235 425Kaduna DisCo: Single Phase Meter: N131 150 – N142 548.94Three Phase Meter: N220 375 – N232 008.04This review is part of the ongoing deregulation of Meter Asset Providers (MAPs), as mandated by the Nigerian Commission Electricity Regulatory Authority (NERC), which now allows DisCos to adjust prices based on market forces. ) threatened to disconnect the five government headquarters in the southeast for non-payment of accumulated sums. energy invoices. This was revealed in a disconnection notice issued to the press on Friday, June 7, indicating that the company owes over N180 billion in unpaid electricity bills. He said the company would begin disconnecting electricity supplies to these indebted customers.The Nigerian Electricity Regulatory Commission (NERC), which now allows DisCos to adjust prices based on market forces.

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DisCo threatens to disconnect southeast government offices

In related news, Legit.ng reported that the Enugu Electricity Distribution Company (EEDC) had threatened to disconnect the five government networks in the South East. houses for not having paid their accumulated energy bills.

This was revealed in a disconnection notice issued to the press on Friday, June 7, indicating that the company owes over N180 billion in unpaid electricity bills.

She said the company would begin disconnecting electricity supplies to these indebted customers.

Source: Legit.ng