DisCos boom Metre costs

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The new charge regime will begin on Tuesday, November five, 2024, in step with posts on social media structures of the diverse DisCos.

strength Distribution organizations (DisCos) have hiked price of metres across the us of a.

This comes just months after a comparable circulate. according to Channels television, the brand new rate regime will begin on Tuesday, November five, 2024, according to posts on social media systems of the various DisCos.

With the latest circulate, the rate of a unmarried-section metre has jumped from round ₦117,000 to about ₦149,800. this is dependent on the DisCo and the metre seller.

A test with the aid of Channels tv indicated that the Eko DisCo positioned the price of its unmarried-section metre among ₦a hundred thirty five,987.5 and ₦161,1/2 and pegged that of a 3-phase meter among ₦226,600 and ₦266,600.

This latest flow came months after the Nigerian strength Regulatory commission (NERC) announced the deregulation of metre expenses below the Meter Asset company (MAP) scheme for end-user customers.

It said this changed into to cope with the protracted issues round metre supply and pricing in the region.

With the development, DisCos and metre providers can now restoration fees primarily based at the financial realities inside the usa, assisting traders recover their cash and ensuring the supply of the metres.

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