OpeOluwani Akintayo Lagos — The Nigerian Electricity Regulatory Commission, NERC, has issued permits to Port Harcourt Electricity Distribution Plc, Yola…
Browsing: Meter Asset Providers
OpeOluwani Akintayo Lagos — The Nigerian Electricity Regulatory Commission, NERC, has issued permits to Ikeja and Benin Disco’s Meter Asset…
The regulation, which is slated to commence on April 3, 2018, is projected to close the metering gap and eliminate estimated billing in the Nigerian Electricity Supply Industry (NESI) within three years of coming into effect.
The introduction of the regulation now means that private investors, apart from the distribution companies (Discos), can procure meters in understanding with the concerned Discos to recoup their monies with time through specified charges incorporated into electricity bills.
“We have seen the draft regulation and there is quite a bit of it that we are not happy with. We have recently provided feedback to the regulator and I believe that there is a consultation forum coming up soon. We will continue to strongly convey our concerns to the regulator.”
