Against the backdrop of the statement by
electricity distribution companies that they cannot provide one million
prepaid meters to customers yearly, the industry regulator has said it
will sanction any Disco that fails to live up to its performance
agreements.
The Acting Chairman and Chief Executive
Officer, Nigerian Electricity Regulatory Commission, Mr. Anthony Akah said "NERC has directed the Discos to meet up
their metering obligations in line with the performance agreements. And
therefore, we are going to look into the number of meters they are
supposed to do and hold them strictly accountable. There is no going
back on that."
“If they fail to meter consumers in line
with those clear agreements that were duly signed, then we will have to
sanction them and may have to come out with other regulatory
intervention to protect the consumers from undue estimated billing.”
The Discos had on last Wednesday said the cap on their capital expenditure
was a hindrance to meeting the deadline given to them by the Federal
Government to meter one million electricity consumers annually.
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