How To Recharge Your Prepaid Meter (2024)

Alright. Now you have a prepaid meter — finally, a relief from “estimated bills” that were squeezing your neck. You’re in full control because having a prepaid meter means you can now control the amount of electricity you use daily. 



Now you might be wondering how to recharge a prepaid meter. Don’t worry! You’re in the right place, and I’ll show you the best ways to recharge your prepaid meter. I’ll also show you how to get the meter, install it, and recharge it so you enjoy its full benefit. 



If there’s one cool thing about using a prepaid meter, it’s that you can monitor your expenses and make the right spending decisions, especially in our current economy. 



How to Load Your Prepaid Meter and Postpaid Electricity Bill



One of the easiest ways to recharge your prepaid and postpaid meters is with Moniepoint . Let’s explore these simple steps below:



1. Go to Google Play Store or Apple App Store and download the mobile app.



2. Once downloaded, open it and create an account if you are a new user. If you already have an account, log in to your personal Moniepoint bank app.



3. Select the “Pay Bills” icon. 







4. Click on Utilities. It will take you to a page where you can select your electricity provider.















5. Then enter your Meter Number.



6. Input the amount of electricity you want to buy. The amount will be deducted from your Moniepoint account. If you are using a postpaid meter, you can input the amount stated on your bill.



7. After successful payment, you will receive your electricity token for the prepaid meter. Go ahead and input the token into your prepaid meter.



8. For a postpaid meter, you’ll need to keep the proof to confirm your payment with the electricity official.



Advantages of Paying Your Electricity Bill With Moniepoint



If you think the convenience and high security are mind-blowing, here are more reasons you should use Moniepoint to pay your electricity bill;




Easy to use: By utilizing your mobile device, Moniepoint makes it simple by providing a practical method of recharging your electricity.



Excellent Reliability : You can access Moniepoint services anytime, thanks to our 24-hour availability.



User-Friendly Interface: Moniepoint has a straightforward user interface. Even if you’re not technologically savvy, you can easily use our platform to pay your electricity bills with little assistance. 



Secure Payment : Your safety is as important as your comfort. Moniepoint provides a robust security infrastructure against unauthorised access to our users’ accounts, providing a secure platform. 



Versatile: Bills come with daily breath, right? You can also pay bills besides electricity with Moniepoint, such as cable TV, airtime top-ups, and other services. 




Differences Between Prepaid and Postpaid Meter 



Let’s dive into the differences between prepaid and postpaid electricity meters.



1. Usage Management



Prepaid power is more efficient than postpaid power as it gives you control over the recharge amount. On the other hand, you don’t have as much control when using postpaid electricity. 



2. Payment Methods



Before you can use your prepaid meter, you have to make a payment for an electricity token which you input to access power. Whereas, with a postpaid meter, you make payments at the end of the month through a monthly bill brought to you by your local electricity company.



3. Late Penalties



If you pay your monthly bill after the due date using postpaid electricity, you will receive a late bill payment fee. Alternatively, using the electricity token system, prepaid customers will not receive late fees. However, if the electricity token runs out, they will experience a power cut.



Procedure for Getting a Prepaid Meter and Postpaid Meter



It’s time to take the upper hand on your light bills, right? You can easily apply for either a prepaid or postpaid meter through the following steps below: 




Log on to the electricity distribution company website. 



Click on the “Download Application Form” menu to download the application.



Fill out the form carefully, providing all of the necessary information



Submit the completed form to your local electricity distribution offices. 



Follow up on your application forms to ensure that your prepaid meter arrives on time.




Final Words



It’s really no big deal, controlling your power expenses just got better. Simply download the Moniepoint mobile apps from the App Store or Google Play Store , or visit the website at www.moniepoint.com to begin.
The post How To Recharge Your Prepaid Meter (2024) appeared first on Moniepoint Blog .