The Eko Electricity Distribution Company (EKEDC) has restated the company’s commitment to providing a constant power supply.
These were the words of the Managing Director/Chief Executive Officer of EKEDC Adeola Fadeyibi on Wednesday in Lagos at a Town Hall in partnership with the Consumer Protection Council (CPC).
According to Adeola, “people should only pay for what they consume. As a business that is responsible for the revenue of the whole market, my obligation is that the system must rightly pay for all the power that comes from the grid to the people; who then accounts for the losses?
“I think today was probably the beginning of one of those fantastic meetings. The DG of CPC was extremely happy that I was at the meeting; it shows the seriousness of Eko Disco.
“We all agreed that there is a problem, and we need to face the problem together. We acknowledged the existence of the issues of theft, bypasses, overloaded transformers, group disconnection, and arbitrary billing. How do we now reduce or even eliminate them?
“The DG CPC challenged us to reduce the issue of estimated billing. The Meter Asset Provider Regulation is something that will create a lot of relief in the system; we can do more metering faster under a separate kind of agreement as being managed by the Nigerian Electricity Regulatory Commission.
“But an ideal situation will be to meter everywhere from the transformer to the feeder down to every enumerated customer.”