The Titas Gas company is expected to unveil new prepaid meters as early as October in several cities across Bangladesh. Home owners will be able to manage their accounts through personal smartcards.
According to the Daily Star, Titas officials are viewing the project as an important step for reducing waste and promoting efficiency. It may take the company an additional five years to extend the service to all of its customers, but if successful, the initiative could reduce gas waste by approximately 25 percent.
"We are trying our best to complete the installation of 4,500 prepaid meters at houses by September under a pilot project and make them functional by October," Titas managing director Abdul Khan told the news source.
To keep the meters running, customers will have to insert preloaded smartcards with sufficient funds. In effort to promote more responsible use, the company is also considering restricting the prepay limit to less than two months' worth of supply.
The initiative may also be an important means of progressing past traditional default billing cycles that have been problematic for energy providers. According to BDNews24, gas distribution companies around Bangladesh are currently owed more than $77 million in unpaid fees from public and private clients.
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