The Eko Electricity Distribution Company (EKEDC), has released the new metre prices for phases 1 &3, saying, “In line with NERC’s Order on Deregulation of metre prices for the MAP Scheme.”
According to EKEDC, its approved deregulated meter prices vary depending on the six companies participating in the sales of the metres.
The price of a single-phase meter from Quantum Manu. & Metering Solution Ltd is N118,698.85, with VAT, it shoot up to N127,601.01, and three-phase costs N215,717.20, adding VAT shoot the price to N231, 895.99.
From Holley Metering Nig. Ltd, the single-phase goes for N137,339.54, with VAT, the price goes up to N147,640.01, the three-phase is N211,356.06 and with VAT, it goes up to N227,207.76.
The single phase from Gospell Digital Technology Ltd is N130,000.00, with VAT, it goes for N139,750.00, while the three-phase is N240,000.00, with VAT, it goes for N258,000.00.
The prices from Crosslink Engineering Ltd show the single phase going for N156,000.00, with VAT, it goes for N167,700.00, and the three-phase is N240,000.00, and with VAT, it goes up to N258,00.00.
Also, the single-phase from Bendoricks International Ltd is N135,100.00, with VAT N213,800.00, and the three-phase is N213,800.00, with VAT, costing 229,835.00.
Finally, Turbo Energy Ltd sells single-phase at N104,500.24, with VAT, N112,337.76, and three-phase is N192,313.88, with VAT, N206,737.42.