• Privacy Policy
  • Terms
  • About us
  • Contact Us
Thursday, March 30, 2023
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

81,084 meters installed in Q4,2021-NERC

Meters

The Matters Press by The Matters Press
September 23, 2022
Reading Time: 1 min read
0
NERC declares meters free under mass scheme

The Nigerian Electricity Regulatory Commission(NERC) says a total of 81,084 meters were installed in fourth quarter 2021 as compared to the 288,154 meters installed in Q3,2021.

RELATED POSTS

Zenith Bank grows gross earnings to N945.5bn in 2022

Afreximbank releases $10m finance facility to Parallex Bank

NLC, TUC concede two weeks to CBN to end cash crunch

This information is contained in the NERC Fourth Quarter Report 2021 released on Sept 22, 2022.

The report said that the reduction in the number of meter installations in Q4 was largely driven by the winding down of the National Mass Metering Programme (NMMP) phase zero (0).

ALSO READ  NNPC meets stakeholders, security over fuel scarcity

“ This major reduction was driven by the winding down of the NMMP which had been the key driver of the significant progress recorded in consumer metering all through 2021.

“Out of the 81,084 meters installed for end users in Q4, 70,676 representing 87.16 per cent were metered under the NMMP scheme .

“While only 10,408 representing 12.84 per cent customers were metered under the Meter Assert Provider intervention (MAP), ‘’it said.

The report said that as a safeguard against overbilling of unmetered customers via estimation, the commission has set maximum limits to the amount of energy caps in Kilo Watts per hour (kWh) that may be billed to unmetered customers.

ALSO READ  AEDC resumes the Meter Asset Provider scheme

The cap for each customer is set based on the customer category, consumption of metered customers on the same feeder and the customer’s tariff band.

The report said that in the quarter under review, the commission certified 46 Meter Service Providers(MSPs) following the satisfactory evaluation of their applications.

“The list of the certified MSPs, comprises 17 meter installer companies, 15 meter manufacturers, two meter vendors seven and one meter importers, ” the report said.

Tags: Meters
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Zenith Bank unveils N765.6bn gross earnings
Economy/Technology

Zenith Bank grows gross earnings to N945.5bn in 2022

March 29, 2023
Eswatini for $140m Afreximbank’s credit
Economy/Technology

Afreximbank releases $10m finance facility to Parallex Bank

March 29, 2023
New Naira notes unavailable even as CBN campaigns for acceptance
Economy/Technology

NLC, TUC concede two weeks to CBN to end cash crunch

March 29, 2023
Alibaba Group to split into 6 business units
Economy/Technology

Alibaba Group to split into 6 business units

March 29, 2023
Trading in Nigerian stock market dips further N83bn
Economy/Technology

Stock market dips by 1.2% amid profit-taking

March 29, 2023
Cash, petrol scarcity create food crisis in Nigeria
Agriculture

Domestic food prices remain high- World Bank

March 28, 2023
Next Post
What Central Bank did to First Bank, experts excited as new directors emerge

FirstBank partners with Verve International, rewards customers in new promo

Bayelsa state wants more investment from Shell

265 illegal refineries in SPDC corridor – Sylva

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Nigeria to allocate $200m for creation of agricultural service centres

IFAD-VCDP to begin dry season farming to mitigate flood impact

October 9, 2022
Trading in Nigerian stock market dips further N83bn

Capital market solicitors pledge continued support to NGX success

February 19, 2022
NASCON records N2.97bn net profit

NASCON records N2.97bn net profit

June 6, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Zenith Bank grows gross earnings to N945.5bn in 2022
  • Afreximbank releases $10m finance facility to Parallex Bank
  • NLC, TUC concede two weeks to CBN to end cash crunch

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2022 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2022 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?