The Chief Executive Officer of Eko Electricity Distribution Company, Oladele Amoda has revealed that the company has lost a large part of its revenue through estimated billing.
Amoda unveiled the company’s robust metering programme, where he flagged off the installation of the first batch of 12,000 smart prepaid meters.
He also told reporters that maximum demand meters would be installed for all the maximum demand customers this year. Ejiofor Alike was there.
Speaking on how far the company has gone with the metering scheme, he said: “Ninety thousand, within second quarter of this year and then, at the end of the year, we will make it up to 150,000. So, we have done 46,000 between when we took over the company on November 1, 2013 and now”
“When you look at that, you can see that we are moving up. By the end of this year, we will have installed 200,000 meters. What we met on ground when we took over was less than 200,000 customers that had either prepaid meters or the analogue meters but most of the meters are old.”
“We ordered for 7,500 maximum demand meters. Out of this figure, we have taken delivery of 3,000 as at today and we are expecting the remaining ones to be delivered shortly. Before the end of this year, we will have taken delivery of all the maximum demand meters. We plan to provide meters to all our maximum demand customers this year.”
“We are going to try and ensure that all of them have meters this year, while at the same time, provide meters to all other categories of customers.”
“We are going to ensure that all our customers have meters. We want them to be happy. We don’t want to give customers estimated bills because estimated billing does not even pay us.”
