Power Consumption:Customers Owe PHED N102.7bn


Port Harcourt Electricity Distribution Company (PHED), has disclosed that customers in its area of operations are owing the company to the tune of N102.7 billion as at the month of March, 2017.
In a statement made available to newsmen in Port Harcourt, recently, the Corporate Affairs Manager of the firm, Mr John Onyi, urged customers to pay their bills and shelve the idea of seeing electricity as a society service .
“Customers need to pay for what they have used, and it is an erroneous impression that electricity in some quarters is seen as a social service.
“It is not a good thing because electricity should be consumed and of course paid for, so that the system and value chain can sustain itself”, he said.
He frowned that customers at PHED Service area that are licensed were still owing the company as at March, 2017,  the sum of N102.7 billion.
The PHED’s spokesperson explained that due to the debt profile in the system, those that are supplied electricity are being limited.
The Tide reports that Onyi, also explained the reasons why mega watts allocated to PHED has dropped in the last three weeks.
“When what is consumed is paid, the person who supplies gas will be paid, those who generate will be paid including those that transmitted and distributed”, he said.
He said the development had been a major challenge to PHED, including other operators due to the paucity of funds.

Source: TrendsNigeria

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