The Ibadan Electricity Distribution Company (IBEDC), has released new prices for its different metre types with effect from Thursday, May 23, 2024.
IBEDC told its customers that the cost of metres would be determined monthly after a competitive bid process by the vendors, adding that meters are to be installed in the customer’s premises within 10 working days after payment.
According to IBEDC, the metres produced by the Mojec Asset Management Company Limited will sell single-phase smart meter-mod bus at N106,802.69, and three-phase smart meter-bus at N210,751.61.
Also, while smart metre-low range radio frequency goes for N106,802.69, three-phase smart metre-low range radio frequency is N216,714.63.
The DISCO said single-phase smart cellular goes for N110,073.86, and three-phase smart metre cellular would be sold at N209,954. 70.
