Business News of Thursday, 14 August 2025

Source: www.punchng.com

Firm announces new meter prices for Ikeja Electric customers

Prepaid meters Prepaid meters

New Hampshire Capital, a leading Meter Asset Provider, has announced new prepaid meter prices under the Meter Asset Provider scheme for Ikeja Electric.

A statement by the company revealed that the new price for its single-phase meter is N124,000, and the three-phase meter now goes for N215,000.

The statement explained that these prices are inclusive of meter installation costs, ensuring transparency and affordability for consumers.

“The new prices are valid from August 6 to October 6, 2025,” the firm said.

The Chief Operations Officer of New Hampshire Capital, Oluwakemi Omirin, stated, “Our mission is to empower consumers with the tools they need to manage their electricity usage effectively. By offering these meters at an accessible price point, we are taking a significant step towards addressing the huge metering gap in the country.”

The statement added that New Hampshire had been a reliable metering partner with Ikeja Electric and has so far financed and installed more than 190,000 prepaid meters under the MAP scheme.

Omirin also stated that the company’s prepaid meters are known for their durability and accuracy, providing customers with a transparent and dependable way to monitor electricity consumption.

She advised customers of Ikeja Electric wishing to procure their meters to visit the DisCo’s website and follow the steps outlined under the MAP scheme.

The statement read, “The company’s commitment to quality extends to its installation process, with a team of skilled installers and field engineers ensuring prompt and correct meter deployment.

“Customers also benefit from post-installation support and maintenance services, further solidifying New Hampshire Capital’s reputation as a reliable and customer-centric service provider.”