Prepaid Meter: Know why you should get yours to enjoy electricity.

NERC has issued permits to Meter Asset service providers to provide meters to customers who receive electricity supply from four power distribution companies, the body has further warned that consumers who fail to procure a prepaid meter would no longer enjoy electricity supply.

Please, be aware that contrary to insinuations that prepaid meters are free, Obi-Chukwu representing the CEO, NERC, disclosed that procurement of the same remained the responsibility of electricity consumers while customers applying for prepaid meters are expected to visit to register.

Giving a breakdown of the cost implication, he said a single-phase meter is N38,850 while a three-phase meter would cost N70,350 inclusive of five percent Value Added Tax (VAT) of N1,850 and N3,350 respectively.

It is worth noting that the deployment and installation of prepaid meters to customers in Ikorodu, which will be carried out by one of its MAPs (Meter Asset Providers), New Hampshire Capital limited, will commence on June 17, 2019, following the successful registration and subscription for meters by thousands of customers spread across Ikorodu and Epe.

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