Ikeja Electric Plc has introduced a Debt Discount initiative which provides various percentage discount options to enable customers pay off their outstanding bills and meet their financial obligations to the company. The initiative, according to a statement made available to The Nation, is designed specifically for unmetered non-maximum demand (NMD) customers and put in place to provide an avenue to support customers especially those who are financially constrained by the present economic realities.
Explaining the concept behind this initiative in the statement, the company’s Head Corporate Communications, Felix Ofulue said: “Ikeja Electric decided to introduce this scheme as a form of financial support to our customers who are willing to pay down on outstanding amounts owed us. By providing this discount to them, we also share part of the cost of the consumed energy. “The three tier scheme provides a 10 percent discount for customers who owe between N50,000 and N100,000.00; 15 percent discount for those owing above N100,000 but less than N200,000 and 20 percent discount for customers who owe above N200,000.00.
“Customers are however required to apply to the company, stating if they wish to participate in the outright or installment debt discount exercise.