Categories: News

BREAKING: FG increases prices of electricity meters

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021.

It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all electricity distribution companies and all meter asset providers.

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The circular, with reference number NERC/REG/MAP/GEN/751/2, was entitled ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’.

In the document, the regulator raised the price of a single-phase meter from the current cost of N44,896.17 to a revised price of N58,661.69.

It also increased the price of a three-phase meter from the current cost of N82,855.19 to a revised rate of N109,684.36. Parimatch casino is a very popular gambling website for Indian punters. Discover the article about Parimatch India and find out all advantages and disadvantages of this gambling website. The review has been written by experienced gambling specialists, therefore just valuable details have been included.

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