Tag: Prepaid Meter

NERC considers increase of prepaid meters
Electricity featured

NERC considers increase of prepaid meters

Alex Omenye The Nigerian Electricity Regulatory Commission is contemplating another increase in the price of prepaid meters, responding to heightened production costs faced by manufacturers. According to reports, the regulator might allow market forces to determine meter costs instead of the current regulated pricing. Manufacturers have reportedly halted issuing invoices to Distribution Companies (Discos) in […]

NERC approves N21bn for free meters to Nigerians
Electricity

NERC advises users to update prepaid meters before November

  The Nigerian Electricity Regulatory Commission has issued a recommendation for prepaid metre customers to ensure the timely updating of their metres prior to November 2024. The National Environmental Research Council disseminated the latest information on its official X platform, previously known as Twitter on Tuesday. According to the electrical regulatory commission, it has been […]

NERC considers increase of prepaid meters
Electricity

IBEDC to upgrade prepaid meter

By Wilson Adekumola   The Managing Director of Ibadan Electricity Distribution Company Plc. Mr Kingsley Achife, has announced upcoming upgrade of its Standard Transfer Specification prepaid meters to boost efficiency that aligns with global standards.   According to the News Agency of Nigeria, Achife made this known in a statement on Wednesday in Ibadan, the […]