Kano Electricity Distribution Company (KEDCO) said it is working to reduce its Aggregate Technical, Commercial, and Collections (ATC&C) losses by 25 per cent this year.
A statement by the Head, Corporate Communications, Ibrahim Sani Shawai, on Wednesday, stated that the ATC&C losses have been at 49% but that the firm has set a target to cut it to 23.5% in 2020.
It said the company is yet to get over N11 billion revenue in its franchise area as a result of the attitude of some customers by giving part payment or not paying their bills.
“This is not healthy for us as an organisation that needs all the resources to sustain improvements in the sub-sector to impact greatly on the economy of Kano, Katsina and Jigawa States.
For 2020, we projected to cut our ATC&C loss by 23.5% but as it stands now the ATC&C is 49 per cent. However we are working to ensure we meet our ATC&C target of 23.5% by December, 2020.”
To achieve this, KEDCO will focus on transformer metering, repairing transformers; aligning payment systems to feeders, and ensuring 100% bills distribution and collection.
The Managing Director and CEO, Dr Jamil Isyaku Gwamna, charged customers to continue to pay their bills on time while avoiding part payments.
Gwamna also appealed to them to support KEDCO by reporting suspected cases of sabotage to security personnel or any KEDCO offices.
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