The Nigerian Electricity Regulatory Commission (NERC)
on Tuesday said that the Electricity Distribution Companies (DisCos) installed
a total of 185,439 meters in the fourth quarter of 2024.
NERC announced this in its 2024 Fourth Quarter Report,
published yesterday on its website in Abuja.
According to the report, this represents a marginal
increase of 0.
19 percent compared to the third quarter of 2024, when
185,087 meters were installed.
The report noted that the new installations led to a
0.42 percentage point (PP) increase in the net end user metering rate across
all DisCos.
It said the number of installed meters rose from 46.15
per cent in the third quarter of the period under review to 46.
57 per cent in the fourth quarter.
”During the quarter, 179,064 meters representing 96.56
percent of the total installations were installed under the Meter Asset
Providers (MAP) framework while 4,076 meters were installed under the Meter
Acquisition Fund (MAF).
”Also 1,924 meters were installed under the Vendor
Financed framework, while 374 meters were installed under the DisCo Financed
framework,‘’ it said.
NERC emphasised that the DisCos were expected to
utilise all available frameworks outlined in the 2021 Meter Asset Provider and
National Mass Metering Regulations, along with the MAF, to bridge the existing
metering gap.
According to the report, the commission certified 18
Meter Service Providers (MSPs), six meter installer companies, six
manufacturers, three vendors and three importers in the quarter four of 2024.
It added that NERC also issued 15 permits for MAP in
the period under review.
“As a safeguard against customer exploitation due to
lack of meters, the commission continues to enforce monthly energy caps for all
feeders under each DisCo.
”This sets the maximum amount of energy that may be
billed to an unmetered customer for the respective month.
“This is based on the gross energy received by the
DisCo and consumption by metered customers on their respective feeders,” the
report said.
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