BREAKING: NERC set to further increase price of pre-paid meters

The Nigerian Electricity Regulatory Commission (NERC) is currently exploring the possibility of further price increases for prepaid meters.

“The cost of prepaid meters is going to go up soon. Meter Asset Providers have stop selling new meters as they await NERC to approve new prices.

“New meter applications are not being processed until the price changes are reflected.

So due to FX issues, the meter manufacturers have stopped sending invoices until the meter price is reviewed.” A source told Nairametrics