In the aftermath of the issuing of permits to Meter Asset Providers (MAP) that will supply meters to customers of Ikeja Electric Distribution Company Plc by the Nigerian Electricity Regulatory Commission (NERC), the power distribution company has appointed three brands to handle the supply of meters.
Recall that Ikeja Electric has a total of 1,074,411 to be distributed to customers within its network in this phase of the exercise.
As a result, Ikeja Electric has appointed Mojec international Limited to supply 399,790 meters; Consolidated Infrastructure Group to supply 397,922 meters and New Harmshire Capital Ltd to supply 276,699 meters within its franchise under MAP exercise.
According to NERC, the permit in accordance with section 4(3) of the MAP Regulations 2018 was issued to MAPs that were successful in the procurement process conducted by Ikeja Electric.
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 electric supply industry
NERC said the rollout of meters would commence no later than the May 1, 2019 and customers should expect from the commencement of rollout date, meters to be installed in their premises within 10 working days of making payments to MAPs in accordance with section 18(3) of MAP Regulations 2018.
It also stated that MAPs shall charge an upfront amount of N36,991.50 and N67,055.85 for single and three phase meters respectively. These costs are inclusive of supply installation, maintenance and replacement of meters over its technical life.
In addition, the commission shall monitor closely rollout of distribution licensees and overall compliance with the regulation and various services agreements by the MAP and electricity licensees.