In the face of growing service failure and rising estimated billings, the electricity Distribution Companies have adjusted their billings, particularly the cost of prepaid meter purchase to the new 7.5 percent.
Investigation s showed that the DisCos have been playing hide and seek games with their customers on the prepaid meters issue by keeping surveying of houses on postponement indefinitely.
According to a message from Ikeja electric which is yet to cover the majority of its customers on prepaid meter acquisition, customers will commence payment of the new rate for the meters effective February.
” Dear Esteemed Customer,
Please note that due to the recent upward review (7.5%) of Value Added Tax (VAT) by the federal government, Effective 1st February 2020 MAP meters will be priced as follows:
Single Phase: #39,765.86
Three Phase: #72,084.61′
According to a source in Ikeja electric, the company is delaying on meeting the prepaid meters by its customers to rake in enough money through estimated billing. Also, the source blamed the recent strike action by the staff for the delay, a reason, some analysts say, it’s flimsy and not tenable.