Electricity consumers willing to pay for meters will have to incur higher costs beginning from November 15, 2021 as the Federal Government has increased the prices of both single-phase and three-phase meters.
The circular, with reference number NERC/REG/MAP/GEN/751/2, was entitled ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’. Explaining why it raised the price of meters again this year, the commission said the development was due to the macro-economic parameters in the country.
Going by the latest development, some of the nearly seven million customers without meters would have to pay for meters. The Special Assistant to the President on Infrastructure, Ahmed Zakari, disclosed this during a live television interview session monitored in Abuja.
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