The Nigerian Electricity Regulatory Commission (NERC) has declared the endorsement N21 billion for 11 electricity Distribution Companies (DisCos) to give meters to clients.
This declaration was made in NERC’s Organization NO: NERC/2024/072 on the Operationalization of “Tranche A” of the Official Metering Drive Under the System of Meter Obtaining Asset.
As per NERC, it presented the Meter Resource Supplier (“Guide”) Guidelines in 2018 and in this manner, the Meter Resource Supplier and Public Mass Metering (“MAP&NMMR”) Guidelines in 2021 to address metering difficulties in the Nigerian Power Supply Industry (“NESI”).
NERC said that the guidelines gave a few choices to metering end-use clients, still yet the mediations, however critical, had not brought about the conclusion of the public metering hole which as of now remained at in excess of 7,000,000 clients.
“The request endorsed by NERC Director, Mr Sanusi Garba and Chief Lawful, Dafe Akpeneye, will become powerful from June 2024 and might be corrected or renounced by resulting orders gave by the commission.
“The commission thusly endorses the amount of N21 billion distributed star rata to commitment by the DisCos as Tranche An of the MAF plot.
“Connected to this request as Timetable 1 is a breakdown of the assets accessible for each DisCo for the acquisition of end-use client meters.
“Every one of the meters to be obtained and introduced under the MAF structure will be at no expense for the clients of the DisCos,” it said.
“The failure of circulation organizations (DisCos) to bring supporting up in the type of obligation or extra value was recognized as the significant requirement in the securing and sending of end-use meters and other capital ventures.
“The Meter Procurement Asset (MAF) plot was accordingly, created and supported by the commission, essentially to address the difficulties of DisCos reliability restraining the organization of end-use meter in NESI.
“By making a sound income stream from the market subsidizes on the rear of which long haul supporting might be gotten by the utilities,” it said.