The Nigerian Electricity Regulatory Commission (NERC) has said it is working to protect electricity consumers. It said this was why it capped the monthly energy charge electricity distribution companies could impose on consumers, especially those unmetered.
The NERC also said a total of 148,389 meters were installed in the third quarter of 2023. This, it said, represents a decrease of 32,670 installations compared to the 181,059 meters installed in the second quarter of the year.
The commission said this in its Q3, 2023 report pasted on its website on Saturday.
The report said that in the third quarter, 147,736 meters were installed under the Meter Asset Provider (MAP} framework while 207 meters were installed under the National Mass Metering Programme (NMMP).
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NERC said the vendor financed framework recorded 446 meter installations while no meter installations were recorded under the DisCo Financed framework.
The commission said it expected Electricity Distribution Companies (DisCos) to utilise any of the five meter financing frameworks provided in the 2021 MAP and NMMP to close their respective metering gaps.
It added, “As a safeguard for customers against exploitation due to the lack of meters, the commission has continued to issue monthly energy caps for all feeders in each DisCo. This sets the maximum amount of energy that may be billed to an unmetered customer for the respective month based on gross energy received by the DisCo and consumption by metered customers.”