Cost of Installing a Prepaid Meter in Nigeria

Prepaid meters have become the preferred choice for electricity consumers in Nigeria, offering a transparent and efficient way to manage power consumption.

Unlike postpaid meters, which rely on estimated billing, prepaid meters allow users to pay for electricity upfront, eliminating billing disputes.

The Nigerian Electricity Regulatory Commission (NERC) has implemented various policies to promote the installation of prepaid meters across the country.

This article explores the cost of installing a prepaid meter in Nigeria, the application process, and other essential details.

Types of Prepaid Meters in Nigeria

Before installing a prepaid meter, it’s important to understand the different types available:

1. Single-Phase Prepaid Meter

• Suitable for residential homes and small apartments.
• Designed for consumers with lower electricity consumption.
• Costs less than three-phase meters.

2. Three-Phase Prepaid Meter

• Ideal for larger homes, offices, and businesses.
• Supports higher electricity loads.
• More expensive than single-phase meters.

3. Smart Prepaid Meters (if applicable)

• Comes with advanced features like remote monitoring and usage tracking.
• Can be controlled via mobile apps.
• Still being rolled out in some areas under pilot schemes.

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Cost of Prepaid Meters in Nigeria (Latest Prices)

The cost of prepaid meters in Nigeria is regulated by NERC, but prices vary slightly depending on the electricity distribution company (DisCo) in your location. Below are the latest official prices as of 2025:

• Single-Phase Prepaid Meter: ₦81,975 (including VAT)
• Three-Phase Prepaid Meter: ₦143,836 (including VAT)

Additional Costs to Consider

• Installation Fees: Some DisCos charge an extra installation fee, usually ranging from ₦10,000 to ₦30,000.
• Inspection Charges: In some cases, consumers may have to pay for a site inspection before installation.
• Logistics and Administrative Fees: These vary by location and DisCo.

How to Apply for a Prepaid Meter

To install a prepaid meter, follow these steps:

Step-by-Step Application Process

1. Visit Your DisCo’s Website or Office: Find the prepaid meter section on your electricity provider’s website or visit their office for details.
2. Fill Out the Application Form: Provide necessary details such as your account number, contact details, and property information.
3. Choose a Payment Plan: Select between upfront payment via the Meter Asset Provider (MAP) scheme or the free meter option under the National Mass Metering Program (NMMP).
4. Submit Required Documents: Documents may include proof of ownership/rental agreement and a valid means of identification.
5. Make Payment (if applicable): If applying through MAP, make the required payment and obtain a receipt.
6. Wait for Installation: After approval, a certified installer will visit your premises to install the meter.

Payment Methods for Prepaid Meters

Consumers have two primary payment options for getting a prepaid meter:

1. MAP (Meter Asset Provider) Scheme

• Consumers pay upfront for their meters.
• Faster processing time (usually within 10-30 days).
• Payment is made directly to the accredited Meter Asset Provider.

2. NMMP (National Mass Metering Program)

• Provides free prepaid meters under a government initiative.
• Aims to eliminate estimated billing.
• Availability is limited, and distribution is based on DisCo allocation.

Factors Affecting the Cost of Prepaid Meters

Several factors can influence the cost of prepaid meters in Nigeria:

1. Regional Differences: Some DisCos may charge additional fees based on location.
2. Installation Costs: Some areas require additional setup or rewiring, increasing overall costs.
3. Inflation and Economic Factors: Prices may change due to inflation and forex fluctuations.
4. Government Policies: Regulatory changes can affect meter pricing and availability.

Benefits of Using a Prepaid Meter

Switching to a prepaid meter comes with several advantages:

• Better Control Over Electricity Usage: Consumers can track their consumption and budget accordingly.
• No Estimated Billing: Eliminates the issue of excessive or unfair electricity bills.
• Transparency: Ensures that users only pay for the electricity they consume.
• Convenience: Prepaid meters can be recharged via mobile banking, online platforms, and physical outlets.

Common Challenges in Getting a Prepaid Meter

Despite the benefits, some challenges exist:

• Long Waiting Time: Many consumers face delays due to supply shortages.
• Availability Issues: The NMMP program does not always cover all customers immediately.
• Corruption and Extortion: Some officials demand extra fees for faster processing.

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Conclusion

Installing a prepaid meter in Nigeria is a great way to manage electricity costs effectively.

With the MAP scheme, consumers can get their meters faster by paying upfront, while the NMMP program offers free meters, albeit with longer wait times.

Understanding the costs, application process, and potential challenges will help you make an informed decision.

If you’re considering installing a prepaid meter, visit your DisCo’s office or website to start the process today.