In two weeks time, it will be one year after the Multi-Year Tariff Order II electricity policy was introduced. That was June 1, 2012 when the Nigerian Electricity Regulatory Commission said customers won’t have to pay for prepaid meters anymore.
NERC, at that time, said the price of getting a meter had been factored into the increase in tariffs. Since then, however, the PPM scheme has suffered many policy summersaults, placing electricity customers at the receiving end of outrageous billing.
But if the information recently published on its website is anything to go by, then the stalemate on the procurement of pre-paid meters may soon be over.
NERC has said in a statement this week that it had ordered electricity distribution companies to start implementing the new scheme. Known as Credited Advance Payment for Metering Implementation, the scheme, which was introduced in March, allows customers to pay for PPM and get a refund in form of units of energy.
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