Ikeja Electric Unveils Sh*cking New Price List For Prepaid Meters!

According to the announcement, MBH Power Ltd’s single-phase meter is priced at ₦135,987.50, while the three-phase meter costs ₦226,825.00. Turbo Energy Ltd charges ₦145,608.75 for a single-phase meter and ₦236,903.13 for a three-phase meter.

Aries Electric Ltd offers single-phase meters at ₦145,125.00 and three-phase meters at ₦258,000.00. Mojec Asset Management Company Ltd’s prices are ₦135,718.75 for single-phase and ₦226,825.00 for three-phase meters.

Paktim Metering Nigeria Ltd sets the cost of a single-phase meter at ₦137,600.00 and a three-phase meter at ₦233,275.00. Holley Metering Ltd’s single-phase meters are ₦133,854.03, with three-phase meters costing ₦219,497.09.

CIG Metering Assets Nigeria Ltd’s single-phase meter is priced at ₦150,500.00, while New Hampshire Capital Ltd charges ₦133,300.00 for single-phase and ₦231,125.00 for three-phase meters.

Ikeja Electric emphasized that these prices are subject to meter availability and form part of their efforts to keep customers informed about current meter procurement costs. The company also confirmed that the new pricing aligns with the latest approved rates for meter providers under its Meter Asset Provider scheme.

In a related development, Ikeja Electric Plc has commissioned the new Kwaru 15MVA Injection Substation located in Abaranje, Ikotun area of Lagos State. The Head of Corporate Communications, Kingsley Okotie, announced this on Friday.

The commissioning event was attended by senior government officials, industry regulators, community leaders, and key stakeholders, highlighting a shared commitment to advancing Nigeria’s power infrastructure.