New prices of pre-paid meters effective from Monday
Federal Government announced an increment in the price of both single-phase and three-phase electricity meters for Nigerian consumers.
A statement by the Nigerian Electricity Regulatory Commission (NERC), Thursday, confirmed that the new price will be activated from Monday, November 15, 2021.
According to the statement, which was made available to the managing directors, all electricity distribution companies and all meter asset providers, 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.