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DEBT MANAGEMENT

 DEBT MANAGEMENT PLAN

DEBT RECOVERY PROCEDURES

Settling the Cost of Pre-Loaded Units and Recovery of Outstanding Debt for Pre-Paid Customers

  1. Visit JED Plc office for capturing/registration of your pre-paid meter
  2. Upon meter capturing/registration, a pre-paid customer will be issued an invoice for the cost of pre-loaded units and it must be paid upon next vending
  3. Any other outstanding debt will be programmed as a fixed monthly repayment
  4. A Demand Notice issued by the Debt Recovery Unit stating the breakdown of the total debt owed can be requested by a pre-paid customer
  5. Any concern/dispute regarding the outstanding debt can be sent via a complaint letter to the customer care complaints unit
  6. This repayment is to be serviced on a monthly basis. Any default will translate to an accrued monthly debt which must be settled before vending
  7. Any default in monthly repayment in arrears of 90 days, would attract a notice for discontinued service and disconnection within 10 days
  8. Further enquires can be made through the following channels;

DEBT REPAYMENT STRUCTURE

Maximum for Acceptable Minimum Monthly Repayment Amount
Tariff Azare Bauchi Bukuru Gboko Gombe Jos Metro Makurdi Otukpo
R1 60,000 60,000 42,000 60,000 60,000 60,000 60,000 60,000
R2 120,000 120,000 120,000 150,000 120,000 120,000 180,000 180,000
A1,C1 300,000 300,000 300,000 300,000 300,000 300,000 300,000 270,000
C2 300,000 600,000 300,000 300,000 300,000 300,000 300,000 420,000
MDAs 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000

The table above shows the maximum debt allowable for a convenient scheduled monthly repayment plan. Any figure above what has been stated, would be programmed at a maximum of 60 monthly installments, unless a customer requests for negotiated monthly repayment planKeep note of the total amount that you owe.

DEBT MANAGEMENT TIPS FOR PRE-PAID CUSTOMERS

  1. Plan to vend monthly. By vending monthly you can keep up with the monthly repayment plan. However; if you do not vend monthly, make a conscious effort to repay your monthly debt amount
  2. Include electricity debt amount in your monthly budget
  3. You can pay more than your monthly debt amount. This helps you get out of debt more quickly. However; if that is not possible, you must keep up with the minimum monthly debt amount
  4. Look for avenues to put in more money towards repaying off your debt. Any lose/spare money can be used to offset your debt
Jos Disco
Jos Disco1 day ago
Jos Disco
Jos Disco4 days ago
Happy Eid Celebrations
Jos Disco
Jos Disco2 weeks ago
Getting a Meter with ease.
Jos Disco
Jos Disco4 weeks ago
Jos Disco
Jos Disco4 weeks ago
Please utilise these platforms for your payment convenience
Jos Disco
Jos Disco4 weeks ago
NOTICE OF OUTAGE

Dear Esteemed Customers,

Please bear with us over the current outage being experienced in our franchise states of Benue, Bauchi, Gombe and Plateau.

This is due to system collapse from TCN.

Our team of Engineers are in touch with the technical crew of the The Transmission Company of Nigeria with the view to remedying the fault.

We shall restore power as soon as the fault is rectified.

Thanks for your patience and understanding.

Dr Friday Adakole Elijah
Head, Corporate Communications
29/04/2020

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