N3Bn Monthly Revenue Loss: Smart Meters Coming to Fight Energy Theft in Port Hacourt Zone

Solution may be on the way to eliminate or reduce the monthly revenue loss of about N3Bn suffered by the Port Harcourt Electricity Distribution Company (PHED) and save the energy distribution system of the power sector.

The indication emerged in Port Harcourt, Rivers State, on Monday, August 31, 2020, where a high-tech offering that would reduce human contact in solving customers’ problems was unveiled.

The energy theft and revenue loss menace may be solved by an upcoming ‘smart meter’ system; developed for PHED that would soon be deployed to replace the existing meters. The new meter is capable of reporting tamper. Also, a customer can be disconnected by the head office through the smart meter.

Energy theft with attendant revenue loss has been the biggest challenge facing most Discos with PHED being one of the hardest-hit due to the mindset of the people of its coverage area (the Niger Delta) who...for further reading, click on https://businessday.ng/energy/power/article/n3bn-monthly-revenue-loss-smart-meters-coming-to-fight-energy-theft-in-port-harcourt-zone/

Source: BusinessDay Newspaper              Aug 31,2020.