Electricity consumers in Nigeria to pay more for pre-paid metre – NERC

Electricity consumers would pay more for the pre-paid meter as the Nigerian Electricity Regulatory Commission, NERC, has increased the price of the asset to N82,855.19 for three-phase and N44.896.16 for single-phase meters, respectively.

The development was contained in a memo signed by the Chairman of the Nigerian Electricity Regulatory Commission, NERC, Professor James Momoh, pegging the new price pursuant to section 19 (d) of the MAPs regulation.

Recall the stakeholders have decried the poor implementation of the Meter Asset Providers, MAPs,  policy, but the regulatory body went ahead to alter the hitherto prices of N36,991 for single-phase and N67,055 for three-phase.

There have been persistent public outcry over the inability of NERC and the 11 power Distribution Companies, DISCOs to provide basic infrastructure, including prepaid meters to customers, fiver years after the power sector privatisation.

– Vanguard