IBEDC Announces Prepaid Meter Upgrade


Category: Business News

The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced 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 continued seamless operation of prepaid meters while maintaining customer satisfaction.

The Managing Director of IBEDC, Mr Kingsley Achife, made the disclosure in a statement on Wednesday in Ibadan.

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He said the upgrade would take effect from Aug 1.

Achife added that the upgrade would involve 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 Nov. 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.

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According to him, the KCT serves as a special reset token and is crucial for the successful completion of 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.

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