AEDC begins installation of meters worth N10bn today

In its avowed determination to end estimated billing, the Abuja Electricity Distribution Company (AEDC), would today commence the deployment of 222,728 meters valued about N10 billion for customers in its franchise areas of FCT, Kogi, Niger and Nasarawa states.
The company in a statement by its Head, Corporate Communications, Oyebode Fadipe, stated that the deployment of the meters, which holds concurrently in the four states , is under the second phase of its mass metering programme.
He explained that the company had in the first phase of its mass metering project, installed 150,000 meters for its customers across its coverage area.
Fadipe said the installation was made possible by the Meter Asset Provider (MAP) scheme, initiated by the Nigerian Electricity Regulatory Commission (NERC) to accelerate metering of electricity consumers across the country.
He said AEDC was implementing the second phase of its mass metering project in partnership with Meron Consortium, a group comprising meter manufacturers, financiers, installers and advisory services firms.
Fadipe added that the company is also discussing with other interested parties for the supply and installation of more quantities of meters for electricity consumers across its franchise area, saying that this development would further complement the MAP initiative.
The Managing Director, AEDC, Ernest Mupwaya, said that there were so many benefits associated with metering for both the company and its customers.
“For customers, metering gives them the assurance of fair, transparent and accurate billing and also serves as a useful tool for them to manage their consumption and costs.
“To AEDC, metering equips us with intelligent data to ascertain areas of energy/ revenue leakages which will strengthen our commercial vigilance activities to plug such leakages and improve our revenue collection,” he said.
According to him, metering represents one of the key areas of the company’s strategic transformation programme, geared towards aggressively reducing its average technical, commercial and collection (ATC&C) losses.
He said that the metering was also designed to enhance the companies’ capabilities for exceptional service delivery and growth.
The Group Managing Director of Meron Consortium, Emmanuel Ndubuisi, assured AEDC management of timely delivery and installation of the meters in line with the terms of contract with the company.