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Ikeja Disco To Dispute N131.4m NERC Fine

The management of Ikeja Electricity Distribution Company (IKEDC) has said that the company would soon respond to the N131.4 million fine imposed on it by the Nigerian Electricity Regulatory Commission (NERC) .

Its Chief Executive Officer, Mr. Abiodun Ajifowobaje, stated this at a media briefing on its advanced metering scheme and commencement of Consumer Enumeration, Technical Audit and Asset Mapping (CETAAM) held in Lagos Monday.

Ajifowobaje explained that IKEDC received the NERC order last Friday and was studying the contents and other details, as contained in the letter, with a verdict that it would respond to the query as soon as work was concluded on it.

“As a right thinking company that has respect for NERC, we should study the order critically and look at all the issues raised. The fine is just one of the issues, but within the shortest possible time, we are going to make our position known to members of the public,” he said.

On metering, he announced that IKEDC has completed the installation of 6,000 smart meters under its pilot scheme of the advanced meter installation, which began in June, adding that the company was set to commence with the second phase of the project, which is the mass roll out of meters.

The meters, according to him, are designed to enhance efficient energy usage and transparent billing in real time with a monthly installation projection of 15,000 units.

Going forward, he said the scope of the metering project is to deploy approximately 300,000 electric meters for IKEDC’s residential, commercial and industrial customers between September 2015 and December 2016 with installation of about 12,000 meters monthly in already mapped out areas in all the business units of the company. To have a hitch-free installation exercise, he explained that the company has commenced the process of CETAAM project, which is to run from October 2015 to April 2016, adding that it is aimed at ensuring seamless update of IKEDC customer database and platform for accurate deployment of electrical equipment for improved power supply.

“The aim is also to capture the energy being sent to the company and the energy distributed to our customers. To aid this, it is therefore imperative to ensure all its assets are available and functioning effectively,” he said.

He informed that customer and consumer indexing will be carried out through door-to-door surveys for accurate information for deploying transformers and electricity equipment required in a given community, a development he said will address challenges faced by customers, which would translate to improved power supply.

 

 

Source: Daily Sun Nigeria

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