KEY POINTS
- JEDC introduced a flexible debt repayment plan to help customers gradually clear outstanding electricity bills.
- Customers can validate their debt records, with repayment structures varying based on the size of the outstanding balance.
- Higher debt categories require 30% upfront payment, with the remaining balance spread over six to nine months.
The Jos Electricity Distribution Company, JEDC, Plc has unveiled a flexible debt repayment plan designed to help customers gradually settle outstanding electricity bills across its franchise areas.
The company disclosed the initiative in a statement issued on Monday in Jos by its Head of Corporate Communications, Mrs. Saratu Dauda-Aliyu.
According to the statement, the structured repayment framework is intended to ease the financial burden on electricity consumers while ensuring transparency in the settlement of accumulated debts owed to the distribution company.
JEDC explained that the plan will allow customers to review and validate their electricity debt records while offering a flexible repayment schedule tailored to the size of each customer’s outstanding balance.
Framework to Cover Metered and Previously Unmetered Customers
Dauda-Aliyu noted that the repayment framework particularly targets customers who accumulated electricity charges before receiving new meters.
She explained that customers who obtained meters through national or company-led metering initiatives will have their verified outstanding debts migrated to their newly installed meters.
The policy mainly applies to customers who were previously billed through estimated billing due to faulty, obsolete, or unavailable meters.
It also extends to customers who were previously unmetered and accumulated electricity charges before the installation of prepaid or smart meters.
JEDC stated that the initiative would allow affected customers to review their electricity account records and validate their outstanding balances before beginning repayment under the new framework.
JEDC further explained that customers with higher debt profiles will be required to follow special repayment arrangements.
Customers owing between ₦5 million and ₦10 million will be required to pay 30 percent of the total debt upfront, while the remaining balance must be cleared within six months.
Similarly, customers with debts of ₦10 million and above must also pay 30 percent upfront, with the outstanding balance to be settled within nine months.
