There is succour for those owing electricity bills with a minimum of Ten Thousand Naira (#10,000) and above as of December 2020 to date, as Benin Electricity Distribution Company (BEDC), covering Edo, Delta, Ondo, and Ekiti State is offering their debtors a 25 percent discount on paying off their debts within a period of 6 to 60 months, under the debt rescheduling scheme.
According to the Agbor Business Manager, Engineer Amos Bamgeoje in a chat with our correspondent, he said in order to address the growing outstanding electricity consumption debts, BEDC has developed a debt restructuring scheme, which offers customers a variety range of discounts in combination with the down payment and has extended the period of debt up to a maximum 60 months, depending on the debt profile.
Speaking further Engr. Bamgeoje, stated that the scheme is in line with the Nigerian Electricity Regulatory Commission (NERC) Act which mandates electricity operators to recover the cost in investment, to be able to provide quality services to consumers, adding that the scheme covers the four states, Edo, Delta, Ekiti and Ondo where the company covers.
He said the scheme is designed to help customers minimize the debt repayment burden and gradually help decrease accumulated debts over a period of time, adding that it was introduced to aid customers who were unable to settle electricity bills as at when due to economic and financial difficulties.
Continuing he pointed out that the scheme is for those whose indebted bill is over #10, 000 from December 2020, pointing out that the combined discount ranges from 5percent to 25 percent, with a down payment of 25percent and the debt repayment period spread over a maximum of 60 months depending on customers debt profile, if it is a metered or estimated bill, also, the debt range and tariff band are considered.
In addition, he revealed that customers who pay their outstanding amount instantly, get an additional 5 percent rebate, maintaining that discounts are canceled if the customer fails to meet the agreement at any time.
The Manager thanked residents of Ika for their cooperation, as he urged them to continue to pay their bills as at when due so that the company can serve them better adding that if for now, the company can give up to 12 hours of power supply, he assured that in no distant time, the people should expect more. He also promised that more prepaid meters will be installed as the Federal Government provides, saying that it is the federal government that has the right to make provisions for prepaid meters.
He appreciated the Landlords and Landladies Association for the good work and cooperation and prayed that God will continue to strengthen them.
REPORTED BY NICHOLAS EBEGBONI