About 70 per cent of electricity consumers are not metered. This has hampered accurate billing by Electricity Distribution Companies (DISCOs), the immediate past chairman Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said.
He said the DISCOs were given 18 months ultimatum to meter all consumers, but only achieved 10 per cent at the end of the period. He, however, said NERCdeveloped another framework to ensure that electricity consumers are metered at the end of the period tagged: ‘Credited Advance Payment Metering Implementation (CAPMI).’
Amadi, who spoke in Lagos during the week, while reacting to the recent tariff increase, said the idea was to allow willing customers advance a particular company with funds for the purchase and installation of meters for their premises. This means that a customer pays for the cost of the meter up front, while the cost of the meter shall subsequently be refunded through a rebate on the fixed charge element of their electricity bills.