NewStats: 3,264,086 , 8,182,550 topics. Date: Monday, 09 June 2025 at 03:42 PM 393o14

The Nigerian Electricity Regulatory Commission on Monday released an order on the Deregulation of Meter Prices for meters deployed under the Meter Asset Provider Scheme.

It said the prices of meters were deregulated after Meter Asset Providers and other operators requested a further review of meter prices in consideration of the significant changes in foreign exchange and inflation rates since the last price review of the prices of meters by NERC in September 2023.

It said the significant changes in these macroeconomic variables had constrained the abilities of meter providers to supply meters at the approved regulated price.

“The commission has noted the need for the efficient pricing of meters to respond more quickly to changes in macroeconomic parameters, particularly exchange rates.

“The commission has further taken cognisance of the constraints/challenges faced by MAPs and LMMAs and therefore approved the deregulation of prices of meters deployed under the MAP scheme with effect from May 1, 2024,” NERC stated.

It added, “With effect from May 1, 2024, all prices of meters under the MAP scheme shall be determined through a competitive bidding process with customers provided with a choice of authorised vendors.”

It said the combined effects of sections of the regulations on the regulated pricing of meters deployed under the MAP scheme was hereby derogated.(otilo - its gone)

“The cost of prices of meters deployed under the MAP scheme is hereby deregulated to enable end-use customers acquire meters from MAPs of their choice based on competitive open market prices determined from transparent bidding frameworks,” the commission stated.

It said, “All MAP permits holders are henceforth eligible to provide services and transact for the provision of meters and metering services with any Disco in the Federal Republic of Nigeria with their existing permit.
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“The lifting of the restriction on permitting to operate in all Discos is subject to the mandatory requirement for MAPs to comply with the associated Disco specific requirements/specifications.

“All Discos shall ensure the effective and seamless integration of smart meters deployed by MAPs with the Disco’s head-end systems and meter data management systems.” - the gift that keeps on giving"

https://punchng.com/nerc-deregulates-meters-prices-may-1/

country needs revolution

harvenghor:
A joke, they are bringing new things every time but nothing to truly improve the power supply

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

May God bless Nigeria for ever! Check my signature for free stuffs!

Consumer should not be paying for meter, it is the responsibility of the Disco to install it for end . That was the arrangement when they were privatized.

Whose property is the meter, the end or Disco?

Realdeals:
Consumers should not be paying for a meter, it is the responsibility of the Disco to install it for the end . That was the arrangement when they were privatized.

Whose property is the meter, the end or Disco?

If at all consumers are compelled to pay, it should be a subsidized price.

FreeStuffsNG:

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

Wastage how, who in his right sense wastes energy when on a prepaid meter?
Almost everyone has changed to energy saving bulbs.

Congratulations

Another means of ripping the poor masses off

I thought the agreement during the privatisation was that Discos will install meters free to customers?

In a situation the customers pay for the meter, whose property will the meter be? Why can't a tenant buy meter in the house he lives, and when he moves away, he moves with his meter?

Apc is useless in all ramifications

Naija which way

Okay.

D

I don't know how simple things in other countries of the world suddenly becomes rocket science in Nigeria.
Electricity that even war torn countries are providing uninterrupted to its citizens, Nigeria even in the best of times is still groping in the dark because of incompetence, tribalism, corruption, extreme greed, useless politicians, weak laws etc...
In short i am tired.

Realdeals:
Consumer should not be paying for meter, it is the responsibility of the Disco to install it for end . That was the arrangement when they were privatized.

Whose property is the meter, the end or Disco?

It was totally free before but all of a sudden they started charging way too much maybe when they realised the households to be metred are just too much for them to bear..

The Disco's still retain the ownership of the metres even if you buy it for a million naira just like that if the transformers too.

Another increment loading

Welcome to stage 3 of the Next Upper Level

FridaParkers:
Come and see how electricity price will hike now... These people want kill us from all sides

Greed has taken over everywhere.

FreeStuffsNG:

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

improved in your area, stop generalizing if you don't go out, my area we hardly get 3hrs power supply per day since tariff hike

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For the past two months no light in my area.
Everyone are feed up of reporting and calling AEDC to come to our rscue nothing was done about it. Yet they bring bills 14k+

smyo:
improved in your area, stop generalizing if you don't go out, my area we hardly get 3hrs power supply per day since tariff hike

It is not just about deregulation.

Remove the bottlenecks associated with it.

Stop the electricity union from extorting people.

Imagine you want to pay for metre, they will first say union has to assess the wiring in your house. These are people that look like criminals on a good day.

Then the idiots would now give their own bill and if you refuse to pay that, the DISCo would not sell metre to you.

Government needs to understand that you must first clear the fraud in the system for something to work right.

It is not just waking up one morning and removing 'subsidies'...

Meter is free.
The cost lies on the heads of the DISCOs.
If a consumer pays for meter, he/she is entitled to refund via credit tokens.

FreeStuffsNG:

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

I don't know what to reply at the bolded.

Since the increment in Band A, my area has turn to Electricity orphan having 1 hour of light per week.

That nonsense you typed above, just come my area come repeat am, you go collect no be small

yeniyeni:
For the past two months no light in my area.
Everyone are feed up of reporting and calling AEDC to come to our rscue nothing was done about it. Yet they bring bills 14k+

14k+ ? Your case even better...
Mine is almost 30k monthly and we hardly enjoy 24hrs supply in one week.

Good.

FreeStuffsNG:

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

You APC ers eh! Please tell us how electricity has greatly improved. Must you people nonsense in the name of partisan politics

Anijay1212:
I don't know how simple things in other countries of the world suddenly becomes rocket science in Nigeria.
Electricity that even war torn countries are providing uninterrupted to its citizens, Nigeria even in the best of times is still groping in the dark because of incompetence, tribalism, corruption, extreme greed, useless politicians, weak laws etc...
In short i am tired.

When I think about all what is happening in this country, I always feel depressed

They will tax shege out of una head till una head go correct by force

FreeStuffsNG:

Electricity has greatly improved. The major current problem now is pricing. The subsidy keeps mounting and FG knows it's not sustainable to keep the subsidies. If people price electricity well and pay for it they will demand for the best service but if FG keeps subsidising it there will be too much wastages and inefficiency like predominates before now.

Greatly improved at your feeder I guess.