NERC approves N30bn to meter Band A, B customers
The Nigerian Electricity Regulatory Commission has approved N30 billion for the third phase of the Meter Acquisition Fund to accelerate the installation of electricity meters for unmetered Band A customers and expand coverage among Band B consumers. Read More: https://punchng.com/nerc-approves-n30bn-to-meter-band-a-b-customers/
The Nigerian Electricity Regulatory Commission (NERC) has granted N30 billion for the third installment of the Meter Acquisition Fund. This funding aims to accelerate the installation of electricity meters for unmetered Band A customers and expand metering coverage among Band B consumers. NERC has stipulated that all electricity distribution companies must finalize all meter installations under the program by May 31, 2027, and customers must not be charged for the meters provided through this initiative.
The commission published Order No. NERC/2026/121, which took effect on November 2, 2026, outlining these details.
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- NERC approves N30bn to meter Band A, B customers punchng.com