Mr Obidili Onuwah, the PHCN spokesman in Rivers told the News Agency of Nigeria in Port Harcourt that the company had incurred losses due to meter by-pass.
He said the company would soon commence a house-to-house search exercise to fish out consumers who had by-passed their Prepaid and Post-paid meters to avoid recharging it.
Onuwah said the trend had become worrisome to the company and that any consumer found guilty of by-passing the meter would be sanctioned.
“There are consumers that are by-passing our meter; they are by-passing the meters and making their (electricity) consumption not to register in the meter.
“I want to inform members of the public and our customers that there is a penalty for meter by-pass and tampering of PHCN equipment.
“A penalty of N50, 000 awaits anybody that tampers with our Pre-paid and Post-Paid meters,” he said.
Onuwah called on members of the public to report anyone found to have tampered with PHCN facilities in the state.