FOLLOWING the introduction of accelerated intervention scheme by the Nigerian Electricity Regulatory Commission (NERC), to address the challenges of estimated billing of customers by the Power Holding Company of Nigeria (PHCN), the Eko Electricity Distribution Company (EKEDC) has announced the commencement of the implementation of the Credit Advance Payment for Metering Installation (CAPMI).
The CAPMI was designed by NERC to fill the gap created by the old metering system as contained in the Multi-Year Tariff Order (MYTO) II, in which inadequate funding of the programme led to shortage in supply of the prepaid meters and continuous of crazy billings.
The Chief Executive Officer (CEO), EKEDC, Dr Oladele Amoda, explained that CAPMI would ensure that willing customers of PHCN within the company’s network who were ready to advance payment would get prepaid meters within a maximum of 45 days.
According to him, “when a willing customer ‘borrow’ us N25000 for single phase or N50000 for double phase meter for example, he will get the prepaid meter within 48 hours or maximum of 45 days. This interval includes days of inspections of where the meter will be installed by our technical staffs, to be sure the customer actually needs it.”
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