It’s no longer news that from 31st October 2024, several customers will be able to upgrade their meters to STS2, As such Eko Electricity Company has hinted how customers can upgrade their meters.
The following few steps are in Order;
1. Visit http://kctcheck.ekedp.com.
2. Enter your meter number and click search
3. Input the TWo, 20-digit Key change token (KCT), you will receive, one after the other.
4. After following the stated steps, your upgrade is completed.
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However, to ensure uninterrupted service, kindly upgrade your meter as failing to do so will prevent the meter from recharging.
The deadline for this upgrade is 24 November 2024, meanwhile, upgrading your meter is free.
Metering electricity customers in Nigeria remains a significant challenge, with the number of unmetered customers increasing to 7.3 million.
According to the latest report from the Nigerian Electricity Regulatory Commission (NERC), only 672,539 out of over 13.16 million registered customers have been metered by electricity distribution companies (DisCos). This slow pace of metering has left many customers dependent on the controversial estimated billing system.
As of December 31, 2023, just 5,842,726 customers—approximately 44.39% of the registered customers in the Nigerian Electricity Supply Industry—were metered.
In 2023, DisCos installed a total of 672,539 meters, with 25,847 under the National Mass Metering Program (NMMP), 585,265 through the Meter Asset Provider (MAP) framework, and 6,912 via the Vendor Finance Metering framework. An additional 53 meters were installed through the DisCo Financed framework.
Industry experts have expressed concern that the continued slow metering efforts could exacerbate billing disputes and increase customer dissatisfaction.
The NERC report also noted a decline in electricity subsidies, which dropped to ₦151.30 billion in 2023, a 17.7% decrease from the previous year. A Minimum Remittance Obligation (MRO) adjusted invoice totaling ₦858.03 billion was issued by the Nigerian Bulk Electricity Trading PLC (NBET) and the Market Operator for energy costs and administrative services to DisCos.
However, the DisCos remitted only ₦706.73 billion resulting in a deficit of ₦151.30 billion for the year, with a gross remittance rate of 82.37%.
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