New Prepaid Meter Prices for 2025
Ikeja Electric has officially released new prepaid meter prices, effective August 6, 2025, covering both single-phase and three-phase meter types. These new rates, inclusive of VAT, come as part of the company’s effort to keep customers informed about current procurement costs and to ensure transparent access to meter pricing under its Meter Asset Provider (MAP) scheme.
According to the announcement made on the company’s official X (formerly Twitter) account, the adjustments reflect the latest approved rates for various meter providers and remain valid subject to availability. For customers, these updates are more than just figures—they’re essential for planning and budgeting, especially for households and businesses looking to manage electricity costs efficiently.
current price of prepaid meter in nigeria
Current Price of Prepaid meter in Nigeria
Below is the complete table of new prepaid meter prices for August 2025, inclusive of VAT:
| Meter Provider | Single-Phase (₦) | Three-Phase (₦) |
|---|---|---|
| MBH Power Ltd | 135,987.50 | 226,825.00 |
| Turbo Energy Ltd | 145,608.75 | 236,903.13 |
| Aries Electric Ltd | 145,125.00 | 258,000.00 |
| Mojec Asset Management Company Ltd | 135,718.75 | 226,825.00 |
| Paktim Metering Nig. Ltd | 137,600.00 | 233,275.00 |
| Holley Metering Ltd | 133,854.03 | 219,497.09 |
| CIG Metering Assets Nigeria Ltd | 150,500.00 | N/A |
| New Hampshire Capital Ltd | 133,300.00 | 231,125.00 |
Note: Prices are inclusive of VAT and may vary depending on meter availability.
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