The Abuja Electricity Distribution Company (AEDC) yesterday began its mass installation of meters for 300,000 customers at a value of $150 million (about N47.1billion) in Abuja.

In his address, chairman of the AEDC board, Ambassador Shehu Malami said: “This project will cost us $150 million and it will span three years, covering a customer population of over 300,000.”

Malami said it was expected that on completion, the Aggregate Technical Commercial and Collection (ATC&C) losses would have been reduced by 17 per cent. The losses have been reduced to 40 per cent from the over 50 per cent when the company took over the PHCN utility on November 1, 2013, he noted.

He lauded the minister of the Federal Capital Territory (FCT), Malam Muhammad Bello, for paying N500 million in September to settle a huge part of its MDAs debt.

He said local meter firms, especially Mojec Meters, were patronised for the project to boost economic growth.

The managing director, Ernest Mupwaya said the DisCo had standardised the vending platform ahead of the mass metering programme adding that customers could buy electricity tokens from 150 points and do that virtually through five websites.

FCT Minister Malam Bello said they pushed for the replacement of estimated billing with accurate metering, noting that a committee cleared parts of the MDAs’ electricity debt with N500 million and ensured they were captured in the ongoing Large Power Users (LPU) metering of AEDC.

http://www.energywatchng.com/abuja-disco-invests-n47-1bn-installs-meters-300000-customers/

They sound as if metre is free..every person would have to cough out a minimum of 50k to get one

AEDC IS A BIG LIER I PAID FOR MY METER

Nice

Don't expect to get the meter free.

That's good