The Nigerian Electricity Regulatory Commission (NERC), has asked Nigerians not to pay for meter service charge and the electricity bill if there is an outage for more than two weeks.
NERC said that the Meter Asset Provider (MAP) regulation has stopped the Electricity Distribution Companies from collecting energy and service charges after two weeks of power outage.
This was disclosed by the chairman of NERC, Prof. James Momoh, at the Abuja Electricity Distribution Company (AEDC) launch of the MAP in Abuja on Friday.
Momoh who was represented by the Finance and Management Services, Abudukadir Shetima, said that with the MAP regulation, the meters must be installed not later than 10 days after payment.
According to him, should the DisCo refuse to replace a malfunctioning meter after two days, the customer is not expected to make any payment.
He said that NERC, DisCos and the customers have their deadline to provide the meters to the customers at the required time.
He said the regulation was designed in a manner that regards the consumer as the king in the Nigeria Electricity Supply Industry (NESI) value chain.
The customer, he said, is expected to have the best services. He added:
“Deadlines were provided in the regulation for the DisCos, even the commission so that we don’t delay so that the customers get the service at the time that it is required.
“For instance, if a meter is about to be installed, it must be installed within 10 days of making payment. There will be sanctions if that deadline is not met.
“Number two, to ensure there will be sanction, the MAP has been asked to provide a bank performance guarantee that will be called upon. So they will lose money if they delay in providing the meters even by one day.
“Number two, if the meters get bad, they will be replaced by the MAP without any payment for the entire ten years period.
“If the meters don’t work they must be replaced within two days, if they are not replaced within two days, the customer will not make the monthly customers service charge payment. That payment will be seized.
“Another part of the regulation is that if there is a prolonged outage and they are out of electricity for months, in addition to other measure that the commission is taking to address those kind of scenarios, the customer will not pay for the meter service charge and will not even pay for the electricity if there is outage for more than two weeks.”
Listing the objective of the regulation, Momoh said the first important objective is the removal of estimated billing in order to remove the controversies around it. He added:
“The customers are happy to make the payment. The second issue is revenue assurance, happy customers will be willing to pay.
“Nigerians are willing to pay for the services they can get so that there will be revenue assurance and that will impact on the industry as a whole. Currently, the revenues in the industry are nit sufficient to enable investments and better services. So, it is like a vicious circle and this this metering is intended to correct that problem.”
Speaking, the AEDC Managing Director, Engr. Ernest Mupwaya, revealed that altogether the company has planned to meter the customers in its franchise areas with 900,000 meters.
He said that bearing in mind that the customers would increase, the meter vendors would also cater for their metering.
NDLEA Busts Trans-border Cartel, Arrests 5 Kingpins, Seizes Skunk, Meth In Compressors
…Intercepts 2,601.5kgs Cannabis; 102,500 Opioid Pills In 8 States Operatives of the National Drug Law Enforcement Agency, NDLEA, have successfully...
“If Your First Child Is Not Up To 18-Years-Old, Address Me As ‘Sir'” – Yul Edochie Warns
Nollywood actor, Yul Edochie has taken to social media to reveal why Nigerians should address him as “Sir”. Sharing a...
“We All Need To Have Common Sense And Be Extremely Obidient” – Destiny Etiko Warns Nigerians
Nollywood actress, Destiny Etiko has taken to social media to warn Nigerians about their choice of candidate ahead of the...
Passengers Trapped As Container Falls On Fully Loaded Bus At Ojuelegba Bridge [Photos/Video]
A truck carrying a container has fallen on a commercial bus filled with passengers at Ojuelegba bridge in Lagos State....
Nigerians React To CBN Extension Of Deadline For Old Naira Notes
Some Nigerians on Twitter have reacted to the Central Bank of Nigeria (CBN) extension of the deadline for the swapping...
Pretty Mike Storms Wedding As One-Eyed Man Leading Blind Women [Video]
Nigerian socialite, Pretty Mike has stormed a wedding as a one-eyed man accompanied by women whose eyes were closed. In a...
She Is An Exemplar In Social Consciousness – Peter Obi Appreciates Secondary School Girl Donation
The presidential candidate of the Labour Party (LP) in next month’s general election, Peter Obi has appreciated the donation of...
“I Am Taken” – BBNaija’s Whitemoney Says As He Unveils New Girlfriend [Video]
Big Brother Naija Season 6 winner, Hazel Oyeze Onoduenyi, popularly known as Whitemoney, has unveiled his lover on social media. In a...
Breaking News: CBN Extends Date For Return Of Old Naira Notes
The Central Bank of Nigeria has extended the terminal date for the return of all old Naira notes to 10th...
New Naira: CBN Deadline Is Like Judgement Day – Reno Omokri
A former presidential aide to ex-President Goodluck Jonathan, Reno Omokri has likened the Central Bank of Nigeria (CBN) deadline for...