Ikeja Electric has announced a new pricing structure for its prepaid meters, which is set to take effect from August 6, 2025.
The updated costs apply to both single-phase and three-phase meter types and include Value Added Tax (VAT).
The electricity distribution company made the announcement via its official handle on X (formerly Twitter) on Friday.
According to the statement, the revised prices across various Meter Asset Providers (MAPs) are as follows:
MBH Power Ltd: Single-phase – ₦135,987.50; Three-phase – ₦226,825.00
Turbo Energy Ltd: Single-phase – ₦145,608.75; Three-phase – ₦236,903.13
Aries Electric Ltd: Single-phase – ₦145,125.00; Three-phase – ₦258,000.00
Mojec Asset Management Company Ltd: Single-phase – ₦135,718.75; Three-phase – ₦226,825.00
Paktim Metering Nig. Ltd: Single-phase – ₦137,600.00; Three-phase – ₦233,275.00
Holley Metering Ltd: Single-phase – ₦133,854.03; Three-phase – ₦219,497.09
CIG Metering Assets Nigeria Ltd: Single-phase – ₦150,500.00
New Hampshire Capital Ltd: Single-phase – ₦133,300.00; Three-phase – ₦231,125.00
Ikeja Electric clarified that these prices are contingent on meter availability and are part of its ongoing commitment to transparency and efficient service delivery.
The company emphasized that the new rates reflect the most recent approvals under the Meter Asset Provider (MAP) scheme, ensuring that customers are equipped with accurate and current pricing information for meter acquisition.
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