The Nigerian Electricity Regulatory Commission (NERC), has bemoaned the lingering metering gap in view of the negative impact on electricity customers on estimated billing. To address the lingering challenge, the commission urged Electricity Distribution Companies (DisCos) to utilise any of the five meter financing frameworks provided in the 2021 Meter Asset Provider (MAP) and the […]
The Energy Markets Rates and Consultants (EMRC), a team of independent consultants providing energy market, regulatory, techno-economic and financing advice for electricity, renewables and gas sector, has adduced several reasons for the subsisting metering gap in Nigeria, despite efforts by the government and its partners to close the gap through the National Mass Metering Programme […]
The Nigeria Electricity Regulatory Commission (NERC) has reported that the 11 electricity distribution companies (DisCos) in the country generated N247.09 billion as revenue in the first quarter of this year, representing 68.75% out of the N359.38 billion billed the customers. The NERC, in its just released ‘Q1 2023 Electricity Report’, also disclosed that the DisCos […]
Electricity consumers in the country are expected to pay more following plans by the Federal Government to soon review upwards the power tariff in line with the Multi Year Tariff Order (MYTO). This is even as the Nigerian Electricity Regulatory Commission (NERC) on Wednesday confirmed government had commenced the procurement of four million meters for […]