Tag: electronic prepayment

PHCN (Power Holding Company of Nigeria), the only electric power utility company in Nigeria is currently deploying energy prepayment meters in Nigeria. These Electronic meters are intended to replace the old post-payment meters. In this document we will look at some benefits of this new prepayment meters first to PHCN and then to average electric power consumers in Nigeria.BENEFITS TO PHCNThe new energy prepayment meters if well handled by PHCN will increase her revenue. First, since new meters are prepayment meters it will reduce the overhead that usually characterize house-to-house recovery of revenue as was almost the case in...