The Nigerian Electricity Regulatory Commission (NERC) will, from April 3, begin enforcing its recent Meter Asset Provider Regulations, 2018 policy, which seeks to bridge the widening metering gap in the electricity supply industry.
Nigeria’s metering gap has increased to about 4.74 million, as power consumers welcomed the new policy, describing it as a panacea for meter unavailability.
The NERC, through the introduction of the new regulation, has brought another class of operators into the power sector called Meter Asset Providers, implying that power distribution companies no longer have the monopoly of providing meters to electricity consumers.
The NERC said: “These regulations shall come into effect on the 8th day of March, 2018. The provisions of these regulations shall be enforced by the Commission from the 3rd day of April, 2018.”