NERC in a circular dated 5 September 2023, signed by its Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye, respectively, stated that a single phase pre paid meter would now cost N81,975.16k from the N58,661.69k while three phase pre paid meters is increased to N143,836.10k from N109,684.36k.
The circular said the new price was to ensure a fair and reasonable pricing of meters to both MAPs and end-use customers.
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