The Cheer News
Breaking News

Four Million Nigerians To Get Free Electricity Meters, Says NERC

Authorities of the Nigerian Electricity Regulatory Commission (NERC) on Monday disclosed the approval and installation of four million free meters for Nigerians 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 (MAP) 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 provide for the refund of the cost of the meter through energy credits to the customer at the time of vending.

“The recently issued notice by the Commission on the adjusted cost of maters is designed to protect consumers from arbitrary pricing by only MAP in the context of recent changes in macroeconomic parameters affecting the cost of the production,” it noted.

Related posts

Kano Commences Fumigation Of Schools To Curb Spread Of COVID-19

EDITOR

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

EDITOR

Coronavirus: Ogun Confirms Infected Italian Businessman Visits Ewekoro

EDITOR

Leave a Comment