✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Consumers can buy meters pending DisCos’ 4m free units — NERC

The Nigerian Electricity Regulatory Commission (NERC) has said consumers can buy meters in the interim while it has asked Distribution Companies (DisCos) to procure and…

The Nigerian Electricity Regulatory Commission (NERC) has said consumers can buy meters in the interim while it has asked Distribution Companies (DisCos) to procure and install four million free meters under the first phase of the National Mass Metering Programme (NMMP).

In a statement, the power sector regulator said during phase zero, over 900,000 meters were installed without any payment by electricity consumers.

NERC had last week approved an upward review in the cost of single-phase and three-phase meters which took effect on Monday.

The commission clarified that the prices were the maximum that Meter Asset Providers (MAPs) can charge for meters, another metering programme.

To give more free meters to consumers, NERC in the latest statement said, “We are pleased to inform electricity consumers that the next phase under which about four million (4m) units of meters would be procured from local meter manufacturers has commenced.

“We once again state that under this National Mass Metering Programme, consumers would NOT be required to pay directly for the meters.”

It said pending the procurement and installation process, “consumers may elect to acquire a meter immediately from MAPs.

“The regulatory framework approved by the commission under the MAP/NMMP Regulations provides for the refund of the cost of the meter through energy credits to the customer at the time of vending.

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.