Electricity consumers are set for more trouble, as the Nigerian Electricity Regulatory Commission(NERC) recently, jacked up the cost of procuring pre-paid meters through the meter asset providers approved by the Federal Government.

Hitherto, the sector was grappling with estimated billing and its subsequent shortage of meters.

However, the government , in a manner depicting lack of
sensitivity to the plights
of customers, hiked the price of single-pbase meters from N38,000 to N48,000, while the price of three-phase meters moved from N72,000 to N89,000, including Value Added Tax(VAT).
He said customers, who have applied for meters before June 1, are exempted from the new fees.

This happens, as consumers are groaning under the weight of poor power supply, rising estimated billing and intense struggling for pre-paid meters, which industry watchers believed to have been hoard, by the power distribution companies (DisCos), in order to make enough from estimated billing for their operation.

The Ikeja Electric Spokesman, Felix Ofolue, confirmed this in a statement, which was made available to Bold News, in Lagos, yesterday.
According to him, the price of meters have been adjusted,by the Commission, in line with the demands of the sector.

Ikeja Electric, he said, has so far metered 120,000 customers, since inception of meter asset providers two years ago.
He added that the company is planning to meter another 400,000 customers in the next two years.

He said metering of customers is on-going,
despite the logistical challenges emanating from Covid 19 pandemic and its subsequent introduction of lockdown on socio-economic activities, by the government.


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