The Nigerian Electricity Regulatory Commission (NERC) has advised Electricity Distribution Companies (DisCos) to utilize existing meter financing frameworks to address the metering gap.
The regulator revealed that a total of 148,389 meters were installed in Q3 2023, reflecting a decrease from the 181,059 installed in Q2 2023.
NERC emphasized the importance of closing the metering gap to alleviate customers’ reliance on estimated billing. The commission encouraged DisCos to leverage the five meter financing frameworks provided in the 2021 Meter Asset Provider (MAP) and National Mass Metering Programme (NMMP) to enhance meter deployment.
