Ikeja Electric has announced revised prices for prepaid meters, effective Wednesday, August 6, 2025. The new rates, covering both single-phase and three-phase meters, are inclusive of VAT.
The electricity distribution company disclosed the changes via its official X account on Friday, listing updated prices for various Meter Asset Providers under its scheme.
According to the statement:
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MBH Power Ltd – Single-phase: ₦135,987.50 | Three-phase: ₦226,825.00
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Turbo Energy Ltd – Single-phase: ₦145,608.75 | Three-phase: ₦236,903.13
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Aries Electric Ltd – Single-phase: ₦145,125.00 | Three-phase: ₦258,000.00
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Mojec Asset Management Company Ltd – Single-phase: ₦135,718.75 | Three-phase: ₦226,825.00
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Paktim Metering Nig. Ltd – Single-phase: ₦137,600.00 | Three-phase: ₦233,275.00
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Holley Metering Ltd – Single-phase: ₦133,854.03 | Three-phase: ₦219,497.09
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CIG Metering Assets Nigeria Ltd – Single-phase: ₦150,500.00
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New Hampshire Capital Ltd – Single-phase: ₦133,300.00 | Three-phase: ₦231,125.00
Ikeja Electric noted that the prices are “valid subject to meter availability” and reflect the latest approved rates for providers under its Meter Asset Provider (MAP) scheme.
The company said the adjustment aims to keep customers informed with up-to-date information on meter procurement and ensure transparency in the purchase process.
