•Why pay as you go meters are expensive – Mojec

Metering: Sefton Fross urges NERC, others to tackle regulatory, fiscal, technical, financial problems

By Prince Okafor

With over 10 million households in Nigeria but to be supplied with electrical energy meter, the Federal authorities has commenced the Nationwide Mass Metering Programme (NMMP) in partnership with the eleven Electrical energy Distribution Firms, DISCO, Mojec Worldwide Restricted, together with different metering manufacturing firms within the nation.

The NMMP is to roll out six million meters for all connection factors on the grid which are presently with out meters over the subsequent 18 to 24 months. It’s estimated to cowl about 30 million shoppers nationwide.

It’s also anticipated to scale back the metering deficit within the nation by 66.7 per cent.

Vanguard gathered that underneath the programme, the federal authorities would make funds accessible for the fee of the pay as you go meters and the DISCOs would distribute to households free.

Subsequently, clients pays again the price of the meters over a time period.

Talking in the course of the NMMP launch in Lagos, the Commissioner for Power, Lagos State, Mr. Olalere Odusote, mentioned the essence of pay as you go meters is to make sure that everybody in Lagos perceive the vitality they’re consuming and pay for it.

“One of many main considerations of shoppers is that the payments they’re charged isn’t reflective of their energy consumption.

“What the state authorities is doing is to make sure that it underwrites the metering programme it’s offering, so as an alternative of getting client pay for meters that they want instantly, the state authorities will prepay and shoppers would repay time beyond regulation.

“The meters can be accessible and your incapability to afford a meter wouldn’t cease you from getting a meter. The Lagos State Authorities is dedicated to making sure that every one Lagosians are metered by the tip of the present administration.

“By way of the fee, we’re nonetheless participating with the DISCOs to provide you with a modality.”

Additionally, EKEDC, Managing Director and Chief Govt Officer, Engr. Adeoye Fadeyibi acknowledged that the Mass Metering programme is a welcome growth and a lift to the deepening of the Nigerian Electrical energy Provide Trade, NESI.

“The programme couldn’t have come at a greater time than now given the influence of the Covid-19 pandemic on companies and family revenue. For us at Eko, we shall be rolling out over 100,000 meters within the subsequent few weeks within the first part of the programme.

Equally, Ikeja Electrical Plc (IE) has launched into the distribution of pay as you go meters to 106, 000 clients underneath the Nationwide Mass Metering Programme (NMMP) authorised by the Federal Authorities.

Based on the Performing Chief Govt Officer of IE, Mrs. Folake Soetan, “Ikeja Electrical is rolling out over 106,000 pay as you go meters to clients throughout its six Enterprise Items – Ikeja, Abule-Egba, Akowonjo, Oshodi, Ikorodu and Shomolu.”

She mentioned that this was for the primary part of the programme, which might run until the tip of 2020. Beneficiaries of this programme, which is able to reduce throughout all places in IE community, won’t be required to pay upfront for the set up of meters.

Soetan was of the view that the modalities of value restoration for the meters can be clearly outlined and communicated to the beneficiaries.

Price of Pay as you go meter

Talking in the course of the launch, the Group Managing Director, Mojec Worldwide Restricted, Chantelle Abdul, mentioned the metering programme is an initiative of the federal authorities to make sure that Nigerians get meters quick and shut the metering hole.

She additionally hinted that the swiftness of the method relies on the provision of funds, including that Mojec and Eko Disco have been partnering for a few years to get meters within the fingers of Nigerians.

“I believe the distinction right here is that the federal government has supplied the funding needed in order that the Discos won’t have to take action a lot to afford the meters. The federal government has intervened with some financing to make sure that Discos are in a position to purchase the meters,” she mentioned.

The price of the one and double part meter continues to be going to be the identical as within the MAP worth, as a result of what lots of people don’t realise is that the worth we’re going for isn’t just the price of the meter, it’s the price of the totally different providers we’re doing on it, corresponding to meter, and survey.”

“We’ll survey homes and guarantee they’re meter prepared, we’re additionally going to contemplate different issues. A meter doesn’t exist by itself, there are such a lot of equipment. So, all of those are included in that worth.

“The distinction with this nationwide metering Programme is the shopper doesn’t must pay for the meter upfront anymore. The fee is borne by the federal government and the Discos. The one factor is that the price of the meter is embedded within the tariff.”

Vanguard News Nigeria.

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