IBEDC announces prepaid meter upgrade

The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced the upcoming upgrade of its Standard Transfer Specification (STS) prepaid meters to enhance efficiency that aligns with global standards.
The upgrade known as Token Identification (TID) Rollover aims to ensure the seamless operation of prepaid meters while maintaining customer satisfaction.
The managing director of IBEDC, Kingsley Achife, disclosed in a statement on Wednesday in Ibadan that the upgrade would take effect on August 1.
Mr Achife added that the upgrade would involve the integration of a global software update into STS meters, making them compatible with the new TID Rollover protocol.
“This upgrade is imperative as, starting from November 24, 2024, all STS meters worldwide will cease to accept old credit tokens without the necessary meter upgrade.
“To facilitate a smooth transition, IBEDC will provide its prepaid meter customers with Key Change Tokens (KCT) alongside their regular energy tokens when purchasing electricity,” he said.
According to him, the KCT serves as a special reset token and is crucial for completing the meter upgrade process.
“Obtaining the KCT is free, and customers can upgrade their meters without any impact on the current electricity tariff,” he said.
He added that customers must take note of some important details during the mandatory upgrade period.
“Customers must upgrade their prepaid meters by sequentially entering the two KCT tokens (KCT 1 and KCT 2) and then the energy token, as provided by IBEDC.
“Effective August 1, 2023, old credit tokens will become obsolete. Customers must ensure that any unused or previously purchased energy tokens are loaded into their meters before this date.
“On credit balance preservation, the meter upgrade process will not affect the credit unit balance on the meters,“ he said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Police warn youths against blocking Kebbi-Sokoto highway
Mr Usman said the latest blockade disrupted vehicular movement for about three hours.

Africa
U.S. warns citizens travelling to South Africa over crime, terrorism, unrest
The acting national police commissioner said at least 10 vehicles were burnt in Johannesburg and 14 in Durban.

Economy
Nigeria’s $1 trillion economy depends on homegrown innovation, market access: NBTI DG
The DG said sustainable national prosperity cannot be achieved through government expenditure or natural resources alone.

NationWide
NBET begins N729 billion legacy debt payments to GenCos
Mr Odeyemi described the development as a significant milestone in implementing the debt reduction programme.

Africa
Anti-foreigner protests force South Africa to withdraw asylum seekers applications
The protests erupted over a Constitutional Court ruling easing access to asylum.

Heading 2
2028 Olympics: Super Falcons defeat Comoros 2-0 in first leg
The Nigerian team finally opened the scoring in the 48th minute with a tap-in by Michelle Alozie.





