-63B5D53BB4DBC007517C2B9F8545E693 Electricity Consumers will get refund for meter payment – NERC

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Electricity Consumers will get refund for meter payment – NERC

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Electricity customers who paid for meters under the Meter Asset Provider scheme will be refunded, the Nigerian Electricity Regulatory Commission has said.

NERC said this on Wednesday in an emailed response, through its Head of Public Affairs, Mr Michael Faloseyi, to questions from Punch correspondent.

Following the recent announcement by the Federal Government that six million meters would be distributed at no cost to consumers under the National Mass Metering Programme, some customers who had already paid for meters had asked if their money would be refunded.

Under the MAP scheme, which kicked off on May 1, 2019, customers have two options for acquiring a meter: upfront payment and payment in instalments through metering service charge on a monthly basis.

But the scheme has suffered setbacks, including changes in fiscal policy and the limited availability of long-term funding, according to the regulator.

NERC told Punch correspondent that all the distribution companies had keyed into the new initiative, NMMP, adding, “Meter deployments are commencing in earnest across all Discos under the first phase of the NMMP.”

It said the first rollout of meters had already commenced based on meters that were already available at the warehouses of the Discos/meter asset providers.

Asked if the consumers would bear the cost of meters later, the commission said, “Given that all prudent costs are borne by customers, the full cost of metering would form part of the tariff once the industry assumes full cost recovery.

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