Skip to main content

BEDC woos customers with discounts, longer repayment period

BEDC woos customers with discounts, longer repayment period

COVID-19: BEDC pledges 24-hour power to isolation centres in 4 states

By Cynthia Alo

Benin Electricity Distribution Company Plc (BEDC) has said it has developed a debt restructuring scheme for customers to enjoy discounts in a bid to address growing outstanding electricity consumption debts. The company also announced an extension period of debt contract up to a maximum of 60 months, depending on customers’ debt profile in combination with the down payment.

In a statement the company explained, “The Debt Rescheduling Scheme is in line with the Nigerian Electricity Regulatory Commission (NERC) Act which mandates that electricity operators recover costs on prudent investment to be able to provide quality services to customers.” The statement disclosed that the scheme has taken off across the franchise states of Delta, Edo, Ekiti and Ondo.

READ ALSONIPOST not at war with any government agency — PMG

The key features of the scheme include debt rescheduling scheme that is applicable to debts that over N10,000, combines discount ranges from five percent to 25 percent, down payment of 25 percent  and debt repayment periods from six months up to 60 months depending on customers’ profile (whether metered or estimated) as well as debt range and type of tariff band.

The statement added that, “For customers who have outstanding debts and do not pay as and when due disconnection of these parties will continue, unless they are part of the rescheduled agreement and are paying their debts on due dates.”

The post BEDC woos customers with discounts, longer repayment period appeared first on Vanguard News.


https://ift.tt/2SxX0Qx by Urowayino Jeremiah via Vanguard News Albert Einstein Fools of Fortune
Labels:

Comments

Post a Comment

Popular posts from this blog

Where is Aguleri Located?

Aguleri is a prominent town often associated with the mighty river called Omabala wgiyflows through it. It is home to a lot of great men and women of Anambra Stare - notably Willie Obiano. History had it that it was the cradle of Igbo people established by Eri, son of Had, son of Jacob (you got to read your Bible babe). Where is Aguleri located? It can be foueat the north eastern part of Nigeria. They share boundaries with Kano, Umueri, Anam and Nando httpss://twitter.com/share https://google.com https://www.alexa.com/siteinfo/google.com https://www.quantcast.com/google.com https://sharedcount.com/?url=https://google.com https://www.similarsites.com/site/google.com https://facebook.com https://www.alexa.com/siteinfo/facebook.com https://www.quantcast.com/facebook.com https://sharedcount.com/?url=https://facebook.com https://www.similarsites.com/site/facebook.com https://youtube.com https://www.alexa.com/siteinfo/youtube.com https://www.quantcast.com/youtube.com ...
Post a Comment
Read more

How to jump-start Nigeria economy post-COVID-19 Pandemic

Nwali Tochukwu Watching with consternation the fall out of events, actions, and inactions of our Nigerian leaders on mitigating the negative impact of COVID-19 Pandemic disruptions on our social and economic lives. As a young dynamic business and entrepreneurship writer, and author cum small business owner, what came into my mind as we navigate the storms of COVID-19, was a common English phrase Adages, Proverbs, first recorded in Fuller’s Gnomologia, 1732: ‘A stitch in time saves nine’ which was translated to literally, solve the problems right now! Why procrastinating? If we, as a nation wants to break away from past mistakes, and present mistakes, we should hold the bull by the horn right now. And avoid the roads of political expediency. That is exactly what the stitch in time simply stood for. Promptly address issues posed by Coronavirus. By quickly sewing up of a small hole or tear in a piece of material, so saving the need for more stitching at a later date when the whole ha...
2 comments
Read more

Photos: The hot steppers at 7th AMVCA 2020

By Ayo Onikoyi The 7th Africa Magic Viewers’ Choice Awards went down last Saturday night, at the Eko Hotel and Suites, Victoria Island, Lagos, and it was celebration of haute couture of Africa. Call it a gallery of fashion art as movie people across Africa came resplendent in different forms of fashion expressions. From the mesmerizing to the captivating; from the colourful to the glittering; and the bohemian to the bizarre, it was fashion explosion all the way spruced with glamour and glitz. See photos from the 7th AMVCA below… Beverly Naya Bimbo Ademoye Folu Storms Frodd Indimi Okojie Venita Tacha READ ALSO:  Only wicked men complain of fallen breasts ⁠— Wunmi Toriola 2Baba Adunni Ade Ebuka Funke Akindele Iyabo Ojo and children Kimoprah Mercy Aigbe Mike Edwards Pretty Mike of Lagos Toyin Abraham VANGUARD    The post Photos: The hot steppers at 7th AMVCA 2020 appeared first on Vanguard News . https://ift.tt/3dm...
Post a Comment
Read more