Ikeja Electric Customers To Pay New Rate For Meters
By Tayo Elegbede
Ikeja Electric has said customers who made payments for meter under the Meter Asset Providers (MAPs) scheme before June 1st and didn’t get payment confirmation before June 19th, would have to top up their payments to the new rate.
According to the electricity distribution company, all payments from June 1st are required to be made at the new rate of N44,896 for single phase and N82,859 for three phase meter, exclusive 7.5 per cent VAT.
The DISCO, in a document, obtained from its Twitter handle noted that customers who have paid for meter before June 1st but are yet to get acknowledgement or confirmation should send a copy of their payment evidence, Application Reference Number (ARN), CIS or utility account number and account name as stated on the know your customer (KYC) Portal online to email address [email protected].
It would be recalled that the Nigerian Electricity Regulatory Commission (NERC) in accordance to section 19 (d) of the MAP Regulation which allows for change in the unit cost of meter in macroeconomic parameters approved of an increase in unit price of meters which was to take effect June 1st, 2020.
Taking into cognisance recent exchange rate and increase in import duty of components of meter and fully assembled ones which was bedevilling the MAPs, the Commission reviewed upwards prices of unit cost of MAP meter from N36,991 to N44,896 for single phase meter and N67,055 for three phased meter.
MAP is a NERC directive designed to hasten the closure of the end-user metering gap with a goal of eliminating the practice of estimated billing.
The DISCO, further, however highlighted the need for customers to state their ARN or CIS or utility account number correctly when making payments for meter to ensure prompt reconciliation of payments for meter deployment.
Meanwhile, it was gathered by InsideBusiness Online that most Distribution Companies have intensified the campaign for customers to acquire meter under the NERC scheme because they alleged customers are now reluctant to apply for meters due to the Commission’s capped order on estimated billing.