Home > Electrical/Electronics > AEDC To Spend N23bn On 900,000 Meters Installation In 18 Months

AEDC To Spend N23bn On 900,000 Meters Installation In 18 Months

The management of Abuja Electricity Distribution Company, AEDC, has completed arrangements to install free 900,000 meters for customers under its franchisee in the next eighteen months.

The meters being delivered under the National Mass Program, NMMP, according to the Managing Director of AEDC, Engr. Ernest Mupwaya, will begin with installation of 101,000 free meters to customers between now and December 2021.

Engr. Mupwaya explained that a total of N23 billion was commitment to the procurement of the 900,000 meters while the 101,000 cost the company a total sum of N6 billion.

According to him, “The significance of this program is that it has been designed with sufficient resources to meter all customers.

“The Federal Government of Nigeria who has 40% shareholding, have sourced sufficient funding to support discos through a low interest shareholder loan that will make it possible for DISCOs to receive sufficient meters to close the metering gap for good.”

He recalled that, “Over the years, the company has embarked on various metering initiatives such CAPMI and MAP. These programs have achieved some successes that resulted metering of over 300,000 customers.

“Currently, with the flag-off of this National Free Mass Program, AEDC will receive a total of 900,000 meters, at the cost of 23 billion which will be sufficient to meter all customers including replacement of defective meters.

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“Between now and December 2021 AEDC has planned to install over 101,000 meters at a cost of N 6bn without charging customers. The rest of the meters will be installed 18 months after, through a comprehensive role out program that will result in simultaneous installations in all three states of Niger, Kogi and Nassarawa in addition to FCT.

“The metering of customers have a huge positive implication not only to the electricity industry but to the entire economy in a number of ways.”

“Firstly, massive metering will create jobs through installation and inspections of meters after installations.

“Secondly, other jobs will be created in meter manufacturing, logistics and supply chains associated with making meters available in Nigeria. Thirdly, massive metering will improve the transparency in electricity transaction which will result in increased revenues that can be channelled into service improvement.

“Improved Services will support improved economic activities that will impact both informal and formal sectors. This will lead to electricity industry transformation along with numerous spillover effect to the economy.

“On this note, I wish to appeal to customers to accept the meters and resist any attempt by unscrupulous people who may approach them, with an offer to compromise the meters.

“The regulator NERC has put in place punitive penalties for those caught bypassing the meter to the extent that the fines override the perceived benefit apart from damaging the good working relationship with the discos.

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“Energy theft also diverts resources which are meant to improve the service being provided. We believe that we can work together in ensuring that the metering challenge is brought to permanent end as we face a new dawn.

“However I want to acknowledge that the majority of our customers are law abiding citizens and they have been supporting us through the difficulties associated with transactions through estimated billing.

“I pay tribute to our customers as we cut the corner and face a new dawn in electricity transformation. “

Meanwhile, elder statesmen and pioneer Director General of Nigeria Broadcasting Corporation, NBC, Dr Tom Adaba, has called on stakeholders in the power sector to end the blame game and concentrate on how to find a lasting solution to the lingering power crisis.

Dr. Adaba, who spoke as quest during flag off ceremony urged key players in the sector to work in collaboration with other relevant agencies to ensure adequate power supply to Nigerians.

He argued that with the Federal Government’s total ownership of the electricity transmission and stake in the distribution and generation in the power chain, the power sector shouldn’t be seen facing the kind of crisis currently obtained in the sector.

Source: Vanguard

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