Here Is The Easy Money-Making Trick Everyone Is Talking About! Learn More Here!
The Nigerian Electricity Regulatory Commission (NERC) has recently made a decision to increase the price of prepaid electricity meters across the country. This decision was outlined in a signed order by the Chairman of NERC, Mr Sanusi Garba, and the Commissioner, Legal and licensing.
The increase in the cost of prepaid meters is a response to the rising expenses associated with manufacturing and distributing these essential devices. The decision was made after a careful consideration of various factors, including the need to ensure the sustainability and efficiency of the electricity metering system.
Although the price hike may seem inconvenient to some consumers, it is important to understand that this move will ultimately benefit the electricity sector as a whole. By increasing the cost of prepaid meters, NERC aims to generate the necessary funds to improve and modernize the electricity infrastructure in Nigeria, leading to a more reliable and efficient power supply.
NERC strives to create a fair and transparent regulatory environment for both electricity consumers and service providers.
The commission is constantly working towards ensuring that electricity tariffs and charges are reasonable and reflective of the actual cost of providing electricity.
This increase in the cost of prepaid meters aligns with NERC’s commitment to maintaining a sustainable and viable electricity industry in Nigeria.
It is important to note that the increase in the cost of prepaid meters will not affect existing customers who have already purchased and installed their meters.
They will continue to enjoy the benefits of prepaid metering at the previous price. However, new customers who wish to obtain prepaid meters will be subject to the revised pricing.
This article was updated 11 months ago
