Mupwaya said it was important to address the issue of electricity theft, given its significant effect to the transformation of the electricity industry in the country.
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The pilot of the network cleanup, which commenced in Gishiri Village of Abuja, started with the removal and replacement of substandard electrical poles with standard concrete ones.
“The reason the metering is not moving as fast as it should is because the time which it should have been cost-effective has been eroded because there is no cost recovery in terms of tariff.”
Out of an 800,000 customer base, AEDC has metered 3,800 who are the largest power users and constitutes 50 percent of the revenue collection base, including the governments’ Ministries, Departments, and Agencies
Shekarau said the exercise was in line with AEDC’s determination to create an accident-free electricity service atmosphere in its franchise areas of Kogi, Nasarawa, Niger states and the FCT.
According to the breakdown, in January, Eko Disco paid 45.45 per cent of its invoice figure while Abuja Disco paid 45.01 per cent. The worst performer was the Jos Disco which struggled to pay only 14.99 per cent of its invoice.
“For instance, AEDC’s highest allocation from the grid in June, 2017 was 473.49MWs, while the highest in July so far is 492.87MWs. So can anyone say we are not capable of carrying more power when we have a capacity that is far above what we are getting.
The report also stated that there had been 67 accidents with fatalities so far, while there were 37 accidents with only injuries adding that 59 persons were injured in the process.
The N701 billion was approved for Nigerian Bulk Electricity Trading, NBET, under the Power Purchase Guarantee Funds to enable it pay for power purchased.
The AEDC boss explained that the meters would help customers to monitor the rate of electricity consumed, reduce load shedding on the part of the company and ultimately help eradicate energy theft by some consumers.
