Nigerian Electricity Regulatory Commission, NERC has said that electricity customers who paid for meters under the Meter Asset Provider scheme will be refunded.
NERC through its Head of Public Affairs made this known on Wednesday in a correspondent with The Punch.
Following the recent announcement by the Federal Government that six million meters would be distributed at no cost to consumers under the National Mass Metering Programme, some customers who had already paid for meters had asked if their money would be refunded.
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Under the MAP scheme, which kicked off on May 1, 2019, customers have two options for acquiring a meter: upfront payment and payment in instalments through metering service charge on a monthly basis.
But the scheme has suffered setbacks, including changes in fiscal policy and the limited availability of long-term funding, according to the regulator.
NERC told The Punch that all the distribution companies had keyed into the new initiative, NMMP, adding, “Meter deployments are commencing in earnest across all Discos under the first phase of the NMMP.”
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It said the first rollout of meters had already commenced based on meters that were already available at the warehouses of the Discos/meter asset providers.
Asked if the consumers would bear the cost of meters later, the commission said, “Given that all prudent costs are borne by customers, the full cost of metering would form part of the tariff once the industry assumes full cost recovery.
By Peace Obi with Agency Report