Prepaid Meter Prices In Nigeria 2025: A Comprehensive Guide
Prepaid meters have become a necessity for many Nigerian electricity consumers, offering transparency and control over energy usage. With the recent deregulation of meter prices by the Nigerian Electricity Regulatory Commission (NERC), prices vary across different Electricity Distribution Companies (DisCos).
This guide provides a detailed breakdown of prepaid meter costs in 2025, factors influencing prices, and how to get the best deal when purchasing a meter.
Understanding Prepaid Meter Pricing in Nigeria
Prepaid meters allow consumers to buy electricity units in advance, eliminating estimated billing issues. However, meter prices are influenced by several factors, including:
- NERC’s Deregulation Policy – Previously, NERC regulated meter prices, but since 2024, Meter Asset Providers (MAPs) determine costs, leading to price variations.
- Exchange Rate and Inflation – Since meter components are imported, fluctuations in Nigeria’s currency impact prices.
- Location-Based Pricing – Prices differ by region due to logistics, installation costs, and supply chain factors.
- Demand and Supply – Areas with high demand for prepaid meters may experience higher prices due to limited supply.
Prepaid Meter Prices in Nigeria (2025) – DisCo Comparison
Below is a table comparing prepaid meter prices across Nigeria’s major DisCos:
|
DisCo |
Single-Phase Meter (₦) |
Three-Phase Meter (₦) |
|
Ikeja Electric (IKEDC) |
120,000 – 130,000 |
210,000 – 230,000 |
|
Eko Electricity Distribution Company (EKEDC) |
125,000 |
220,000 |
|
Abuja Electricity Distribution Company (AEDC) |
130,000 |
225,000 |
|
Enugu Electricity Distribution Company (EEDC) |
135,000 |
230,000 |
|
Benin Electricity Distribution Company (BEDC) |
140,000 |
235,000 |
|
Jos Electricity Distribution Company (JEDC) |
132,000 |
228,000 |
|
Kaduna Electricity Distribution Company (KEDC) |
138,000 |
233,000 |
|
Port Harcourt Electricity Distribution Company (PHEDC) |
137,599 |
228,974 |
|
Yola Electricity Distribution Company (YEDC) |
127,000 |
220,000 |
|
Kano Electricity Distribution Company (KEDCO) |
130,000 |
225,000 |
Insights from the Comparison
- Cheapest Single-Phase Meter – Ikeja Electric (₦120,000) offers the most affordable option.
- Cheapest Three-Phase Meter – EKEDC and YEDC (₦220,000) have the lowest price for three-phase meters.
- Most Expensive Meters – BEDC and KEDC charge the highest prices for both single-phase and three-phase meters.
- Regional Differences – Prices are slightly lower in the North compared to the South due to logistics and market dynamics.
How to Purchase a Prepaid Meter in 2025
To get a prepaid meter, follow these steps:
- Apply Through Your DisCo – Visit the official website of your DisCo or visit their office.
- Make Payment – You will be directed to an authorized MAP vendor for payment.
- Verification and Installation – A technical team will inspect your premises before installing the meter.
- Meter Activation – Once installed, your meter will be activated, and you can start loading electricity units.
Government-Backed Metering Programs
- National Mass Metering Program (NMMP) – Some customers may qualify for free meters under this initiative, though availability is limited.
- Meter Asset Provider (MAP) Scheme – This allows consumers to buy meters directly from authorized providers.
FAQ – Prepaid Meters in Nigeria (2025)
1. Why do prepaid meter prices vary across DisCos?
Prices are now determined by MAPs, not NERC, leading to differences based on market conditions, supply chain costs, and location.
2. Which DisCo has the cheapest prepaid meter in 2025?
Ikeja Electric (IKEDC) offers the cheapest single-phase meter (₦120,000), while EKEDC and YEDC provide the cheapest three-phase meters (₦220,000).
3. How long does it take to get a prepaid meter after payment?
The process typically takes 2 to 6 weeks, depending on your DisCo and MAP vendor.
4. Can I get a free prepaid meter?
Yes, through the NMMP, but these are limited and may not be available in all locations.
5. Is a prepaid meter better than a postpaid meter?
Yes, prepaid meters prevent estimated billing, allowing for better control over electricity usage and costs.
6. What should I do if my prepaid meter develops a fault?
Report the issue to your DisCo immediately. Do not tamper with the meter, as this could lead to penalties or disconnection.
7. Where can I buy a prepaid meter?
Meters are available through official DisCo channels, MAP vendors, and some approved online platforms.
Final Thoughts
With the deregulation of prepaid meter pricing in Nigeria, costs vary significantly across different DisCos. Consumers should compare prices, check for government-backed programs, and purchase only from authorized vendors to avoid scams. If you're considering getting a prepaid meter in 2025, plan ahead to ensure a smooth application and installation process.
