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Home Business & Finance Business

Prepaid meter prices from New Hampshire Capital offer affordable access for Ikeja Electric customers

Quadri Olaitan by Quadri Olaitan
August 14, 2025
in Business
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Prepaid meter prices updated by New Hampshire Capital for Ikeja Electric customers, offering affordability and transparency in electricity management

Prepaid meter prices for Ikeja Electric customers have been updated, with New Hampshire Capital announcing new rates under the Meter Asset Provider (MAP) scheme.

Also read: Electricity act amendment bill sparks labour uproar over proposed strike ban

From August 6 to October 6, 2025, the single-phase prepaid meter will cost N124,000, while the three-phase meter is priced at N215,000.

Both rates include installation costs, ensuring customers have a clear and upfront payment structure.

Oluwakemi Omirin, Chief Operations Officer of New Hampshire Capital, said the initiative is designed to empower electricity consumers with tools to monitor and manage their power usage effectively.

She emphasized that accessible pricing is a crucial step toward bridging Nigeria’s significant metering gap.

New Hampshire Capital has been a long-standing partner to Ikeja Electric, having financed and installed more than 190,000 prepaid meters under the MAP scheme.

The company’s meters are reputed for their durability and accuracy, offering customers a dependable way to track electricity consumption.

Customers interested in acquiring a prepaid meter are advised to visit Ikeja Electric’s official website and follow the outlined MAP scheme application process.

Also read: Adelabu urges strong electricity market coordination to avoid conflict

The company also reaffirmed its dedication to quality, noting that its trained installers and field engineers ensure prompt, correct deployment, backed by robust post-installation support.

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