148,389 Meters Installed in Q3, Says NERC

The Nigerian Electricity Regulatory Commission (NERC) says a total of 148,389 meters were installed in the third quarter of 2023. According to NERC, this represents a decrease of 32,670 installations compared to the 181,059 meters installed in 2023/Q2. The commission said this in its Q3, 2023 report posted on its website.

The report said that during the quarter,147,736 meters were installed under the Meter Asset Provider (MAP} framework while 207 meters were installed under the National Mass Metering Programme (NMMP).

NERC said that the vendor-financed framework recorded 446 meter installations while no meter installations were recorded under the DisCo Financed framework.

The commission said that it expected Electricity Distribution Companies (DisCos) to utilise any of the five meter financing frameworks that have been provided in the 2021 MAP and NMMP to close their respective metering gaps.

”As a safeguard for customers against exploitation due to the lack of meters, the commission has continued to issue monthly energy caps for all feeders in each DisCo. Naira Devaluation Deepens Economic Crisis in Nigeria

”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, ”it said. #148,389 Meters Installed in Q3, Says NERC