The Nigerian Electricity Regulatory Commission (NERC) has announced the commencement of the Net Billing Regulations 2026, a landmark framework designed to encourage the adoption of renewable energy technologies and enable electricity consumers to generate and export surplus power to distribution…
DisCos Face Liquidity Pressure as NERC Orders N20.33bn Meter Refunds
Electricity distribution companies in Nigeria are facing renewed financial pressure following a directive by the Nigerian Electricity Regulatory Commission (NERC) requiring them to refund N20.33 billion to customers who purchased prepaid meters under the Meter Asset Provider (MAP) scheme. The…
Nigerian Power Minister Blames DisCos for Sector Setback, Urges Lawmakers to Sanction Underperformers
The Nigerian Minister of Power, Chief Adebayo Adelabu, has blamed electricity distribution companies (DisCos) in Nigeria for failing to meet performance targets; urging the National Assembly to pass stricter laws to hold them accountable. He further warned that their inefficiencies…
NERC Goes Tough on Electricity Theft, Places Fines on Metering By-Pass
In a bid to curb electricity theft, the Nigerian Electricity Regulatory Commission (NERC) has introduced fines for meter tampering and by-pass, effective January 22, 2025. This move aims to reduce unauthorized access to electricity and promote compliance among customers ¹.…