Metering: Ikeja, Eko distribution coys install 62,368 pre-paid meters
c and Eko Electric Distribution Company
on Sunday said that they had installed
62,368 pre-paid meters after the
privatisation of the PHCN.
The two distribution companies disclosed
this in statistics made available to the
News Agency of Nigeria (NAN) in Lagos.
Mr Godwin Idemudia, the Head, Strategy
Communications, Eko Electricity
Distribution Company, said that about
44,300 meters had been installed by the
company from Nov. 1, 2013 to date.
Idemudia said that the company had
spent over N3.2 billion so far on meters
procurement.
He said that the company had budgeted
additional N1.8 billion to purchase about
41, 000 single and three phase meters in
the next three years.
Idemudia said that additional N3 billion
had been set aside for purchase of 7,500
Maximum Demand (MD) meters for
adequate metering in its area.
According to him, the company is
investing about N5.8 billion on meters
which are being installed, while about
400,000 meters will be installed by the
company within the next three years.
To tackle the metering challenges, a total
of 7,500 maximum demand meters have
been procured at a cost N2.8 billion, as
well as 50,000 meters for the non-
maximum demand customers.
“These meters, both the MD and non-MD,
constitute only the first phase of our
metering plan that will see all our close
to 400,000 customers metered free of
charge,” he said.
Idemudia said that the installation of the
first phase meters had already begun,
but it would not be possible to cover
everyone at the same time.
He, however, assured that all subscribers
would eventually be metered.
Idemudia said that large percentage of
the meters were procured from local
manufacturers “because of the
company’s belief in contributing
meaningfully to the local economy”.
Statistics also provided by Ikeja Electric
showed that a total 18.068 meters had
been installed by the company post
privatisation.
According to Mr Pekun Adeyanju, Head,
Strategy Communication at Ikeja Electric,
about 13,236 smart meters have been
installed.
He said that 4,832 Standard Transfer
Specification (STS) meters had also been
installed by the company at the cost of
about 106 million dollars.
Ikeja Electric has commenced the first phase
of installation of about 300,000 smart meters
in the zone.
The meters, which were acquired at a cost of
106 million dollars (N21.2 billion) under its
Advanced Metering Infrastructure (AMI),
would assist in curtailing energy theft and put
an end to estimated billing system.
According to Adeyanju, the Managing
Director of the company, Mr Abiodun
Ajifowobaje, had said the new metering
initiative, known as “Smart Metering’’,
would address some challenges
associated with the billing system.
The metering pilot project, which ended
in August, has given the management an
overview on customers who have
electricity challenges or non-functional
meters.
The study conducted by the organisation
showed that 300, 000 of the 600,000
customers in the zone did not have
functional meters,’’ he said. (NAN)
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