The Nigerian Electricity Regulatory Commission (NERC) has announced that 62.63% of electric customers in Nigeria were under the estimated billing package as at September 2020.
This was disclosed by the Commission in its 2019 to Q3, 2020 Nigerian Electricity Supply Industry (NESI) Key Financial and Operational Data, reported this week.
The NERC disclosed that metering for customers has been a challenge so far, citing that only Eko Electricity Distribution Company and Ikeja Electric Plc had metered over 50% of their customers.
Altogether, of the 11,841,819 registered electricity customers in Nigeria as at Q3 of 2020, only 4,425, 628 (37.37 %) were metered.
“Thus, 7, 416,191 representing 62.63 per cent of the registered electricity customers are still on estimated billing,” NERC said.
Metering data per DisCo include:
Benin DisCo – 47.42 %;
Ikeja- 51.09 %
Port Harcourt-39.64 %
Ibadan- 27.97 %
Kano- 21.40 %
What you should know
- Recall Nairametrics reported that the FG through NERC said that electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme, will have a refund of their money.
- Under the MAP scheme, which took off on May 1, 2019, electricity consumers have two options for acquiring a meter: upfront payment or installment payments through metering service charge on a monthly basis.
- The Federal Government also announced that the Central Bank of Nigeria has disbursed a total of N14.35 billion to DisCos to cover the procurement of 263,860 meters under the National Mass Metering Programme