{"id":191525,"date":"2022-05-28T13:52:26","date_gmt":"2022-05-28T12:52:26","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=191525"},"modified":"2022-05-28T13:52:26","modified_gmt":"2022-05-28T12:52:26","slug":"uk-firm-set-to-address-energy-theft-in-nigeria","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/05\/28\/uk-firm-set-to-address-energy-theft-in-nigeria\/","title":{"rendered":"UK firm set to address energy theft in Nigeria"},"content":{"rendered":"<p>SteamaCo, a United Kingdom-based energy company has disclosed that\u00a0it is ready to ensure that electricity theft and other challenges in the power sector in Nigeria is addressed.<\/p>\n<p>This was contained in a statement released on Saturday by the company\u2019s Managing Director, Tom Parkinson in Abuja.<\/p>\n<p>According to\u00a0Parkinson, the company helps energy distribution utilities in emerging markets meet Aggregated Technical, Commercial and Collection loss targets and boost revenues.<\/p>\n<p>\u201cSteamaCo\u2019s cloud-based IoT Advanced Metering Infrastructure platform gives your utility the best way to detect theft and resolve it fast so you can meet your ATC&amp;C losses targets.<\/p>\n<p>\u201cThe platform easily integrates with your distribution network and smart meters, gathering and analysing data 24\/7, 365 to detect meter bypass, meter tamper and<a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/10\/20\/man-electrocuted-during-illegal-connection-in-ondo\/\"> illegal connection<\/a>.<\/p>\n<p>\u201cThe platform also easily integrates with the other enterprise systems used by the utility. Utilities can fully leverage their investment in smart meters and gain a deep understanding of both their distribution operations and their consumers.<\/p>\n<p>\u201cSteamaCo enables utilities to operate in previously unreachable places and operate their distribution networks remotely and automatically and collect their revenue.<\/p>\n<p>\u201cConsumers can trust that they will get more reliable energy supply, and stay informed about their energy service,\u201d\u00a0\u00a0Parkinson said.<\/p>\n<p>The statement also quoted the Chief Commercial Officer, Phil Roberts, as saying, \u201cSteamaCo further helps utilities by pinpointing the vicinity of energy theft when it occurs.<\/p>\n<p>\u201cIt, also, automatically alerts the utility\u2019s field team to investigate, resolve and report on it immediately.<\/p>\n<p>\u201cWith both faster theft detection and resolution, your utility can hit ATC&amp;C loss targets quicker and boost your revenue,\u201d Roberts said.<\/p>\n<p>He stressed that this would help to liberate African countries from all sorts of electricity and power challenges.<\/p>\n<p>He added that it will enable them to deliver a more reliable and profitable energy service to their customers and gain revenue assurance.<\/p>\n<p>Also, the company\u2019s Business Development Manager in Nigeria, Michael Nwachukwu, said, \u201cthe company is already in the country, working as a partner to the existing electricity companies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SteamaCo, a United Kingdom-based energy company has disclosed that\u00a0it is ready to ensure that electricity theft and other challenges in the power sector in Nigeria is addressed. This was contained in a statement released on Saturday by the company\u2019s Managing Director, Tom Parkinson in Abuja. According to\u00a0Parkinson, the company helps energy distribution utilities in emerging [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":2085,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[16587],"tags":[547,38747,38746,38745],"class_list":["post-191525","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-electricity","tag-steamaco","tag-tom-parkinson","tag-uk-firm"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK firm set to address energy theft in Nigeria<\/title>\n<meta name=\"description\" content=\"SteamaCo, a United Kingdom-based energy company has 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