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Energy Caps: NERC explains strategy to protect consumers from exploitation

*The Nigerian Electricity Regulatory Commission explains how the regulator  has continued to safeguard especially unmetered consumers against exploitation through its monthly ‘energy caps’ for all feeders in each of the electricity Distribution Companies in the West African country

Isola Moses | ConsumerConnect

In a bid to safeguard the interest of power consumers, the Nigerian Electricity Regulatory Commission (NERC) has stressed how it is intensifying efforts at protecting electricity consumers in the country.

ConsumerConnect reports NERC, in its Third Quarter (Q3) 2023 Report released via its corporate Web site at the weekend, stated that is why the Commission has capped the monthly energy charge that electricity Distribution Companies (DisCos) could impose, especially on unmetered consumers.

According to the Commission, a total of 148,389 meters were installed in Q3 this year.

NERC noted this represents a decrease of 32,670 installations, when compared to the 181,059 meters installed in the Second Quarter (Q2) 2023.

The Report further indicated that in the Third Quarter, Nigeria installed 147,736 meters under the Meter Asset Provider (MAP) framework, whereas the country installed 207 meters under the National Mass Metering Programme (NMMP).

NERC equally revealed the vendor financed framework recorded 446 meter installations, while no meter installation was recorded under the DisCo Financed framework.

The Commission disclosed it expects the DisCos to utilise any of the five meter financing frameworks provided in the 2021 MAP and NMMP to close their respective metering gaps.

The Commission stated: “As a safeguard for customers against exploitation due to the lack of meters, the commission has continued to issue monthly energy caps for all feeders in each DisCo. “This sets the maximum amount of energy that may be billed to an unmetered customer for the respective month based on gross energy received by the DisCo and consumption by metered customers.”

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