See list of new prices for prepaid meters after FG order

• Electricity Distribution Companies, DisCos an approved upward review for prepaid meters nationwide
• The new price adjustment by DisCos affected both single-phase and three-phase prepaid meters
• The revision is part of the ongoing deregulation of Meter Asset Providers (MAP), as mandated by the Nigerian Electricity Regulatory Commission

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Electricity Distribution Companies (DisCos) in Nigeria have once again raised prices for various types of prepaid electricity meters to approximately N117,000 to as high as N149,800, depending on the distribution company and meter supplier.

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

Again, Nigerians to pay more to get meters Photo Credit: alvarez
Source: Getty Images

In various messages sent to customers, DisCos said the new prices took effect on Tuesday, November 5, 2024.

In August Legit.ng reported that a prepaid cost an average of N124,700,

New prepaid meter changes

Price adjustment is part of the ongoing deregulation of Meter Asset Providers (MAP), as mandated by the Nigerian Electricity Regulatory Commission (NERC), which now allows DisCos to adjust prices in line with market forces.

Checks by Legit.ng showed that the the new prices vary across the different DisCos, influenced by factors such as meter type (single-phase vs. three-phase) and the specific vendors 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 – N232,008.04

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

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, DisCos an approved upward review for prepaid meters nationwideThe new price adjustment by DisCos affected both single-phase and three-phase prepaid meters The revision is part of the ongoing deregulation of Meter Asset Providers (MAP), as mandated by the Nigerian Electricity Regulatory CommissionLegit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.Electricity Distribution Companies (DisCos) in Nigeria have once again raised prices for various types of prepaid electricity meters to approximately N117,000 to as high as N149,800, depending on the distribution company and meter supplier.The latest price revision is the second increase in just four months. Again, Nigerians to pay more to get meters Photo Credit: alvarezIn various messages sent to customers, DisCos said the new prices took effect on Tuesday, November 5, 2024.In August Legitng reported that a prepaid cost an average of N124,700, New prepaid meter changesChecks by Legit.ng showed that the the new prices vary across the different DisCos, influenced by factors such as meter type (single-phase vs. three-phase) and the specific vendors involved. The updated prices are as follows:Eko DisCo:Single-Phase Meter: N135,987.5 – N161,035Three-Phase Meter: N226,600 – N266,600Ibadan DisCo:Single-Phase Meter: N130,998 – N142,548Three-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 – N129,999.75Three-Phase Meter: N223,793 – N235,425Kaduna DisCo:Single-Phase Meter: N131,150 – N142,548.94Three-Phase Meter: N220,375 – N232,008.04This revision is part of the ongoing deregulation of Meter Asset Providers (MAP), as mandated by the Nigerian Electricity Regulatory Commission (NERC), which now allows DisCos to adjust prices in line with market forces.DisCo threatens to disconnect southeast govt officesIn related news, Legit.ng reported that the Enugu Electricity Distribution Company (EEDC) threatened to disconnect all five southeast government houses for failing to pay their accumulated energy bills.This was disclosed in a disconnection notice released to the press on Friday, June 7, stating that the company is owed over N180 billion in unpaid electricity bills.It stated that the company would commence disconnecting the electricity supply to these indebted customers.he Nigerian Electricity Regulatory Commission (NERC), which now allows DisCos to adjust prices in line with market forces.

DisCo threatens to disconnect southeast govt offices

In related news, Legit.ng reported that the Enugu Electricity Distribution Company (EEDC) threatened to disconnect all five southeast government houses for failing to pay their accumulated energy bills.

This was disclosed in a disconnection notice released to the press on Friday, June 7, stating that the company is owed over N180 billion in unpaid electricity bills.

It stated that the company would commence disconnecting the electricity supply to these indebted customers.

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Source: Legit.ng