BILLING METHODS AND ELECTRICITY CONSUMPTION: A Tale of Two Nigerian Cities

Author: Adeola Adenikinju & Olatokunbo Oluwayemisi
Volume: 55 Issue No:2 Year:2013

Abstract: Prepaid meters are a relatively new innovation adopted by the Power Holding Company of Nigeria as part of its power supply programme for energy saving. It is a mechanism that changes the attitudes of users towards electricity usage. Studies have shown that a prepaid meter reduces electricity consumption. This study investigates the comparative advantage of the prepaid system over the conventional billing method using a survey technique to find out the preference of the households in Nigeria as a whole. Empirical evidence from the study shows that the adoption of the prepaid meter mechanism will reduce the electricity consumption of users. The study suggests the introduction and acceptance of the prepaid meter as a measure for the conservation of
energy.

JEL classification: Q4, Q41, Q55, D1, L68

2013-03-16
Visits : 383

ANNOUNCEMENT! ANNOUNCEMENT!! ANNOUNCEMENT!!! NES 2024 Annual Conference Change of Date - Update The Nigerian Economic Society wishes to inform its members and the general public of change in the dates of the NES 65TH ANNUAL CONFERENCE Venue: Shehu Musa Yar'Adua Conference Centre, Memorial Drive, CBD, Abuja Date: Tuesday, 3rd September to Thursday, 5th September, 2024 Thank you

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