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info@phed.com.ng 0700 2255 7433
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  • Home
    • About Us
    • Our Company
    • Contact
    • Leadership
    • Investors
  • Support Centre
    • Service Information
    • FAQ
    • FAQ on MYTO
    • Safety
    • Customer Forms
  • Zones
    • Rivers
    • Bayelsa
    • Awka Ibom
    • Cross River
  • Media
  • Careers
  • Customer Service
    • KYC
    • Customer Portal
  • Payment

Our Company

Background

On March 31, 2005, the Port Harcourt Electricity Distribution Company, PHED, was constituted under the Electricity Reforms Act of 2005 after the unbundling of the Power Holding Company of Nigeria (PHCN).

The company was subsequently privatized on November 1, 2013 and is managed by 4Power Consortium  Limited under a shareholding structure of 40% to the Federal Government of Nigeria and 60% to 4Power Consortium Limited.

PHED is mandated by the Nigeria Electricity Regulatory Commission (NERC) to distribute power in four (4) franchise states: Rivers, Bayelsa, Cross River and Akwa-Ibom.

PHED is repositioned for enhanced output and in its quest for efficient service delivery, it has embarked upon several projects designed to add value to its customers. These projects include:

  • Expansion of our zonal offices to be closer to our customers
  • Setting up a 24/7 call center to address customers’ concerns
  • Installation of an online vending platform for ease of payment of bills
  • Introduction of energy efficiency management programme to educate customers on how to manage their consumption to minimize cost
  • Construction of 24 feeders for enhanced power supply in industrialized areas
  • Establishment of a transformer workshop at Trans-Amadi, Port Harcourt for transformer repairs
  • Creation of a Revenue Protective Unit to curb energy theft
  • Launch of MD’s hotline to report cases of corruption against staff or members of the public.

Operational Challenges                                                         

  • PHED is bedeviled with myriad challenges which include but not limited to:
  • Energy theft which accounts for a monthly revenue loss of more than N2.5 billion
  • Non-payment of electricity bills
  • Vandalism

Workforce

PHED is adequately staffed with about 1300 personnel besides ancillary staff. The MD/CEO pilots the affairs of the company and is supported by other principal staff who contribute to the growth and sustainability of the company.

Regulatory                                            

In compliance with regulatory requirement, PHED is in alliance with Feedback Electricity Distribution Company (FEDCO) as its Technical Partners (TP)

“As a company with zero-tolerance for corruption, PHED has dedicated a special line to handle all corruption-related issues”

AUDITED STATEMENTS

2013 AUDITED STATEMENT

2014 AUDITED STATEMENT

2015 AUDITED STATEMENT

2016 AUDITED STATEMENT

2017 AUDITED STATEMENT

2018 AUDITED STATEMENT

2019 AUDITED STATEMENT

Who We Are

On November 1 2013, the Port Harcourt Electricity Distribution Company, PHED, was constituted under the Electricity Reforms Act of 2005 after the unbundling of the Power Holding Company of Nigeria (PHCN).

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Contact Info

  • 1, Moscow Road, Port Hartcourt, Rivers State.
  • 0700 2255 7433
  • info@phed.com.ng
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