Two hundred thousand meters in the jurisdiction of Ibadan Electricity Distribution Company (IBEDC) will be withdrawn gradually, the Chairman, Dr. Tunde Ayeni, has said.
He spoke when he signed a Memorandum of Understanding (MoU) with Trans-Sahara Consortium in Ibadan, Oyo State, to provide smart meters.
Ayeni said the old meters will be replaced with smart meters that will eliminate sharp practices. He said over 200,000 meters would be replaced with smart meters at no extra cost.
Ayeni said there will be an in-house and external meter with a control panel that will notify the consumer once the card is about to finish, adding that any interference with the meter will make it to shut down.
He said: “This is an investment drive to provide optimum service for our customers within our area of franchise. We are partnering Trans Sahara Consortium to install smart metering programme within our areas of distribution. This MoU we have signed today will attract an investment of $400 million to cover the metering plan and infrastructure upgrade within our coverage areas.
“This new technology has been installed in 32 countries. It is a technology that is just coming to Nigeria. This will solve the problem of mistrust between consumers and Discos. It will allow us to monitor electricity consumption and it is a self auditing system that takes control out of the hands of humans and allows us to know exactly what has been consumed.”
According to him, the smart metering system shuts down each appliances in the home when the card is getting low and shuts it completely when it finishes.
Source: The Nation