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Electricity Consumers Kick As DisCos Increase Prices Of Prepaid Meters

Thecabal by Thecabal
November 11, 2024
in Business
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Electricity Consumers Kick As DisCos Increase Prices Of Prepaid Meters
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Electricity consumers in the Federal Capital Territory (FCT) have kicked against the increase in prices of prepaid meters.

The News Agency of Nigeria (NAN) reports that Electricity Distribution Companies (DisCos), announced the increase in the price of prepaid meters on their various official X handles, with effect from Nov .5.

NAN recalls that the upward review followed an earlier increase in August, which further raised concerns among electricity consumers about affordability and accessibility.

The DisCos said the cost of a single-phase meter has increased from approximately N117, 000 to as much as N149, 800.

This amount indicates an increase of about N32, 800, while the three-phase meter rose from N206, 345 to about N236, 500 depending on the distribution company and meter vendors.

Some of the consumers spoke with NAN in separate interviews on Monday, describing the increase as unfair given the country’s harsh economic situation.

Mrs Alice Ogar, a Lugbe resident, said that when she wanted to buy a single-phase meter, she was told that the price had increased from N117,000 to N148,000.

Ogar said that she was shocked because the last time she inquired about the price, it was N117, 000 and that was the amount she budgeted for the purchase of the meter.

”Everything keeps going up every day, it took me time to put this money together.

“I don’t know how to raise the additional amount to make it up,” she said.

Mr Edem Okon said that in October, his neighbour bought a three-phase meter for N206, 345.65 but that when he decided to buy, the price had risen to about N236,500.

Okon said that the price increase at this time was not necessary as a lot of people are going through hardship.

”Nothing is cheap and this is affecting everyone,” he said.

Mrs Itohan Efosa, who lives in Apo Resettlement, said that increasing the prices of meters during this period was discouraging as it made it more difficult to purchase the product.

She said she planned to buy a meter to stop the estimated billing she was currently faced with, but that the price hike was a setback for him.

Mr Frank Oloton, a resident of Kubwa, said that instead of increasing the prices of meters, the government should look for a way to give out the product free of charge to consumers.

Oloton said that in the past, meters were given free to Nigerians but now, it is being paid for, besides being expensive.

”Why can’t the government find a way of giving these meters free to Nigerians to stop estimated billing,” he said.

Mr Jude Okolo, who also resides in Kubwa, said that the increase in the prices of meters would encourage DisCos to continue with their estimated billing.

Okolo, who said that many people were finding it difficult to feed, said it was disheartening that the prices of meters kept increasing.

”Government should find a way of cushioning the effect of what Nigerians are going through during this period,” he said.

Under the new price regime, customers under the Abuja Electricity Distribution Company (AEDC) will pay between N123,130.53 and N147,812.5 for single-phase meters, and N206,345.65 to N236,500 for three-phase meters.

Ibadan Disco said customers would pay between N130, 998 and N142, 548 for a single-phase meter and N226, 556.25 to N232, 008 for a three-phase-meter.

For Kano Electricity Distribution, its customers will pay between N127,9 25 and N129,999 for a single-phase meter, and N223,793 to N235,425 for a three-phase meter.

On its part, Kaduna Disco said between N131, 150 and N142, 548.94 would be paid for single-phase meters and N220, 375 to N232, 008.04 for three-phase meters by its customers.(NAN)

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