JEDC introduces flexible debt repayment plan for customers
The Jos Electricity Distribution Company has introduced a flexible debt-repayment plan to help customers clear outstanding electricity bills in a more convenient and structured manner.
The firm announced this in a statement on Monday.
It explained that the structured framework was designed to ease the financial burden on consumers while encouraging a transparent settlement of accumulated debts across its franchise areas.
JEDC also said that customers who were metered under the ongoing and past national and company-led metering initiatives would have verified outstanding electricity debts on their accounts migrated to their newly installed meters.
According to the statement, this applies particularly to customers who were previously on estimated billing, had faulty or obsolete meters, or were unmetered but had accrued electricity charges before a new meter was installed.
It said that the payment framework would give customers the opportunity to review the outstanding balance on their electricity accounts and validate their debt profile using available account records.
JEDC added that the repayment structure for non-metered residential customers with a debt profile of zero naira to N1,000,000 was N2,000 per month, while the repayment structure for metered commercial customers with a debt profile of zero naira to N1,000,000 was N2,500 per month.
It further said that for customers with a debt profile of between N1,000,000 and N2,000,000, the repayment structure was N10,000 monthly, while for customers with a debt profile ranging between N2,000,000 and N5,000,000, the repayment structure was N20,000 monthly.
”Similarly, customers owing between N5,000,000 and N10,000,000 are expected to pay 30 per cent of the total debt and to pay the outstanding within six months, while customers owing N10,000,000 and above are to repay 30 per cent of the total debt and the outstanding debts within nine months,” said the electricity firm.
It encouraged customers to visit the debt recovery officers/customer service officers stationed at any JEDC office across its franchise states to review, validate, and reconcile their debt profiles.
(NAN)
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