Ikeja Electric has announced new pricing for prepaid meters, with the revised rates becoming effective on August 6, 2025.
The updated prices apply to both single-phase and three-phase meters and are inclusive of Value Added Tax (VAT).
The new rates were disclosed through the company’s official X (formerly Twitter) account on Friday.
According to the announcement, “MBH Power Ltd’s one-phase costs ₦135,987.50, while the three-phase costs ₦226,825.00. Turbo Energy Ltd’s one-phase costs ₦145,608.75, while the three-phase costs ₦236,903.13.
“Aries Electric Ltd’s one-phase costs ₦145,125.00, and the three-phase costs ₦258,000.00. Mojec Asset Management Company Ltd’s one-phase costs ₦135,718.75, and the three-phase costs ₦226,825.00.
“Paktim Metering Nig. Ltd, the one-phase meter costs ₦137,600.00, while the three-phase meter costs ₦233,275.00. Holley Metering Ltd’s one-phase meter costs ₦133,854.03, three-phase meter costs ₦219,497.09.
“CIG Metering Assets Nigeria Ltd’s one-phase meter costs ₦150,500.00, New Hampshire Capital Ltd’s one-phase meter costs ₦133,300.00 and the three-phase costs ₦231,125.00.”
The electricity provider added that prices are “valid subject to meter availability” and clarified that the changes aim to keep consumers informed and aligned with the approved rates set under its Meter Asset Provider (MAP) program.
