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NERC plans further increase in price of electricity meters
The Nigerian Electricity Regulatory Commission (NERC) is currently exploring the possibility of increasing prices of prepaid meters nationwide.
A source revealed that, “The cost of prepaid meters is going to go up soon.
“In that regard, Meter Asset Providers have stop selling new meters as they await NERC to approve new prices.
“New meter applications are not being processed until the price changes are reflected.
“So due to FX issues, the meter manufacturers have stopped sending invoices until the meter price is reviewed.” the source told Nairametrics.
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