Business
Experts Laud NERC Over Meter Assets Providers
Some experts in the power sector have, lauded the Nigerian Electricity Regulatory Commission (NERC) for establishing Meter Assets Providers (MAPs) as a solution to the yearning of electricity consumers for metering.
They told Tide source in Lagos yesterday that the establishment would ease the problems associated with meter acquisition by electricity consumers.
Our source reports that on Monday, NERC declared that power distribution companies did not have the sole responsibility of providing meters to electricity consumers anymore.
NERC, however, introduced another class of operators in the power sector called Meter Asset Providers.
The Commissioner, Legal, Licensing and Compliance, NERC, Mr Dafe Akpeneye said MAPs would now take up the duty of providing meters to customers among other functions.
Akpeneye, who spoke at the 25th Monthly Power Sector Meeting, said the commission saw the non-availability of meters as a very serious concern.
He said as a result of the development, NERC met with consumers, Discos, financiers and other stakeholders across the industry in order to discuss and find solution to the problem.
The Vice-Chairman, Unistar Hi-Tech Systems Ltd., Lagos, a local meter manufacturing company,
Mr Atilade Bolarinwa, said the establishment of MAPs was welcome development.
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