✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

AEDC raises collection to N6bn, captures 1.1m customers

The Abuja Electricity Distribution Company (AEDC) has raised its monthly revenue collection for electricity supply to consumers from N2 billion when it took over in…

The Abuja Electricity Distribution Company (AEDC) has raised its monthly revenue collection for electricity supply to consumers from N2 billion when it took over in 2013 to N6bn so far.

The Managing Director, CEC Africa, the core investor in the Distribution Company (DisCo), Engr. Emmanuel Katepa who disclosed this in an interview at the weekend also said a just concluded enumeration exercise shows the customer base has risen to 1.1 million from 650,000 customers at takeover.

Despite the liquidity challenges in the power sector and the poor payment of energy bills by Ministries Departments and Agencies (MDAs), Katepa said: “AEDC has been able to improve its collection from the customers. It improved to N6bn since February. We hit that in December 2018 but had a dip in January but we have maintained it since then. That is far above the N2bn we were collecting when we took over.”

Katepa also spoke about the Integrated Communication and Market System (InCMS) which it launched this year to harmonise customer database for better service delivery.

“We are doing this so that customers can have confidence to expose people in the field who exploit them in the name of AEDC”

He disclosed that AEDC would soon commence massive audit of homes and customer energy load to what size of transformers and other investments to make in its network across Kogi, Abuja, Nasarawa and Niger states.

Allaying fears on not metering the 1.1m customers, he said the Meter Assets Provider (MAP) contract that began in May targets 900,000 customers while AEDC has its obligation to meter the others.

On how it reduced the Aggregate Technical Commercial and Collection (ATC&C) losses from 60% to 38% in 2019, Katepa said: “It is due to the collection efficiency that is improving and the more customers we have been able to capture.”

LEARN AFFILIATE MARKETING: Learn How to Make Money with Expertnaire Affiliate Marketing Using the Simple 3-Step Method Explained to earn $500-$1000 Per Month.
Click here to learn more.

AMAZON KDP PUBLISHING: Make $1000-$5000+ Monthly Selling Books On Amazon Even If You Are Not A Writer! Using Your Mobile Phone or Laptop.
Click here to learn more.

GHOSTWRITING SERVICES: Learn How to Make Money As a Ghostwriter $1000 or more monthly: Insider Tips to Get Started. Click here to learn more.
Click here to learn more.

SECRET OF EARNING IN CRYPTO: Discover the Secrets of Earning $100 - $2000 Every Week With Crypto & DeFi Jobs.
Click here to learn more.