Customers will get refund for meter fee – NERC
Electrical energy clients who paid for meters underneath the Meter Asset Supplier scheme will likely be refunded, the Nigerian Electrical energy Regulatory Fee has mentioned.
NERC mentioned this on Wednesday in an emailed response, by means of its Head of Public Affairs, Mr Michael Faloseyi, to questions from our correspondent.
Following the latest announcement by the Federal Authorities that six million meters can be distributed without charge to shoppers underneath the Nationwide Mass Metering Programme, some clients who had already paid for meters had requested if their cash can be refunded.
Beneath the MAP scheme, which kicked off on Could 1, 2019, clients have two choices for buying a meter: upfront fee and fee in instalments by means of metering service cost on a month-to-month foundation.
However the scheme has suffered setbacks, together with adjustments in fiscal coverage and the restricted availability of long-term funding, in keeping with the regulator.
NERC advised our correspondent that each one the distribution firms had keyed into the brand new initiative, NMMP, including, “Meter deployments are commencing in earnest throughout all Discos underneath the primary part of the NMMP.”
It mentioned the primary rollout of meters had already commenced primarily based on meters that have been already accessible on the warehouses of the Discos/meter asset suppliers.
Requested if the shoppers would bear the price of meters later, the fee mentioned, “Given that each one prudent prices are borne by clients, the total value of metering would kind a part of the tariff as soon as the business assumes full value restoration.
“All clients who made fee for meters underneath the MAP scheme can be refunded. The modality for the refund of the meter’s value funded by the purchasers both by means of upfront fee or amortised funds is being labored out.”
The MAP Laws was permitted by NERC in March 2018 to fast-track the closure of the metering hole within the sector by means of the engagement of third-party buyers (referred to as meter asset suppliers) for the financing, procurement, provide, set up and upkeep of meters.
The Federal Authorities had mentioned in November that it was making funding instantly accessible for Discos to roll out 1,000,000 meters within the first part of the NMMP.
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