NERC listed Ikeja, Eko, and Abuja DisCos as the best performers, maintaining the highest metering rates above 76 per cent.
The report showed that 80,943 customers were metered in September, while 106,822 new meters were installed in October.
Mr Isa said over 100 persons involved in vandalising power infrastructure were arrested and prosecuted in 2024.
The lawmaker said the programme was to be implemented in three phases to reduce collection losses and improve market remittances in the industry.
Some consumers spoke in separate interviews on Monday, describing the increase as unfair given the country’s harsh economic situation.
NERC said the deployment of funds under the MAF scheme would accelerate the deployment of meters and a closure of the current metering gap.
Abdu-Bello Mohammed, the managing director of the Jos Electricity Distribution Company (JEDC), says the company procured prepaid meters at N7
Kaduna Electric announced that it had since started refunding customers who bought meters under the Meter Asset Provider (MAP) scheme.
NERC claims the new pricing ensures fair and reasonable prices for both MAPs and end-users in the prevailing economic realities.
“Customers must upgrade their prepaid meters by sequentially entering the two KCT tokens (KCT1 & KCT2).
