Business News

PNG Power takes measures to settle debts

by Tokana Hasavi – EM TV, Port Moresby

Business houses and government institutions owing accumulative electricity bills to PNG Power Limited (PPL) have been urged to come forward to settle their dues.

This is to avoid unnecessary inconveniences during the festive season. Since October, PPL has embarked on a “mass disconnection” exercise nationwide to recoup money owed in outstanding bills. The exercise will continue into 2015.

In the lead up to the festive season, the company has called on all customers with outstanding bills to pay up or their electricity supply will be cut off this Christmas.

If debts are not cleared in full, supply will be disconnected and reconnection refused until the amount owed is settled in full.

Customers with debts incurred through previous credit metre transferrals to prepaid metres have been asked to call their nearest PPL office to settle their debt. The following will apply;

– Debts from K1 to K999 – to be settled in full (one-off)
– Debts from K1000 and above – 60 per cent upfront, with remaining balance spread strictly over 12 months.

Upon failure to pay, PPL will carry out disconnection both in the system as well as physically on-site; this will stay disconnected until debts are settled in full.

Chief Executive Officer, John Tangit expressed empathy for businesses struggling to pay up. He urged them to respect essential services provided by SOEs and make an effort to permanently settle their dues.

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