‘NERC permits customers to pay for meters, get refund’ | Dailytrust

‘NERC permits customers to pay for meters, get refund’

The Association of Nigerian Electricity Distributors (ANED) has said one of the approved metering schemes by the Nigerian Electricity Regulatory Commission (NERC) permits customers to instantly pay for the meters installed by Meter Assets Providers (MAPs) and get refunds later.

ANED’s Executive Director, Research and Advocacy, Sunny Oduntan, stated this on Monday.

He said under the NERC Meter Asset Provider and National Mass Metering Regulations – NERC-R-11-2021, there are two metering programmes which are the National Mass Metering Programme (NMMP) and the Meter Asset Provider (MAP).

NMMP is a policy intervention by the federal government, with funding from the Central Bank of Nigeria (CBN) since 2021 where meters are provided free to customers and as loans to the electricity Distribution Companies (DisCos).

Through this, one million meters were installed as of October 2021 under Phase Zero while 4 million meters would be installed in Phase I starting shortly.

The MAP was approved by NERC in 2018 for customers who are unwilling to wait for the availability of meters under the NMMP.

“Such customers can pay for a meter under the scheme. The amount paid by the customer will be amortised and refunded over a 36-month period via energy credits,” said Oduntan.

He said the MAP channel offers instant installation of meters and so customers are opting for that but assured that they will get refunds.

“Ultimately, the meter is free to the customer, via the energy credits.

“It is important to clarify that the DisCos are operating within the regulatory guidelines established by their regulator, NERC, relative to meeting customer metering requirements,” Oduntan added.

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
1017257739
Media Trust Ltd


Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Inquiries:
Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410