04/12/2019 | Press release | Distributed by Public on 04/12/2019 13:06
The Commission has issued permits to Ikeja & Benin Disco's Meter Asset Providers (MAPs), in accordance with section 4(3) of the MAP Regulations- NERC- R-112 of 2018, to MAPs that were successful in the procurements conducted by Ikeja Electricity Distribution Company ('IEDC') and Benin Electricity Distribution Company ('BEDC').
Section 4(3) of the MAP Regulation 2018 requires all electricity distribution licensees to engage MAPs that would assist, as investors, in closing the metering gap and thus eliminating the practice of estimated billing in the Nigerian Electricity Supply Industry ('NESI').
IEDC has appointed Mojec International Limited- (399,790 meters), Consolidated Infrastructure Group Ltd- (397,922 meters) and New Hamshire Capital Ltd-(276,699 meters) respectively within the Ikeja Disco franchise under MAP. While Benin Disco has appointed FLT Energy System Ltd, G-Unit Engineering Ltd, Inlaks Power Solution Ltd, Sabrud Consortium Nigeria Ltd and Turbo Energy Ltd to provide meters within its franchise.
The Commission has directed that the rollout of meters shall commence no later than the 1st of May 2019. Customers of Ikeja & Benin Disco's should expect from the commencement of rollout date for meters to be installed in their premises within 10 working days of making payment to MAPs in accordance with section 18 (3) of the MAP Regulations 2018.
MAPs shall charge an upfront amount of N36,991.50 for single phase meters and N67,055.85 for three-phase meters respectively. These costs of meters are inclusive of supply, installation, maintenance and replacement of meters over its technical life.
The Commission shall monitor closely the rollout plan of distribution licensees and overall compliance with the regulation and various service agreements by the MAP and electricity distribution licensees.