No fewer than 178,864 pre-paid meters were installed in Q2 of 2023, representing an increase of 3,586 against the 175,281 installed in 1Q of the same year.

On Wednesday, the Nigerian Electricity Regulatory Commission (NERC) said this in its second quarter 2023 report. The commission said 168,397 meters were installed under the Meter Asset Provider (MAP) framework, while 9,302 meters were installed under the National Mass Metering Programme (NMMP) framework.

It said the vendor and electricity distribution companies (DisCos) financed framework recorded 1,143 and 22 meter installations, respectively.

”The commission expects DisCos to utilise any of the five meter financing frameworks that have been provided in the 2021 Meter Asset Provider and National Mass Metering Regulations. To close their respective metering gaps as a safeguard for customers against exploitation due to the lack of meters,” the report said.

It added that the commission had 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,” the commission said. 

(NAN)