The National Council on Power (NACOP) has approved the return of the Credited Advanced Payment for Metering Implementation (CAPMI) scheme abolished last year by the Nigerian Electricity Regulatory Commission (NERC), IWIN reports.
According to a copy of a statement issued by the third NACOP, at the end of ts meeting, NERC was instructed to restore the scheme which allows a willing customer to pay for his meter, after which the electricity Distribution Companies or Discos will install the meter for the customer and then refund the cost to the customer either in cash or equivalent energy unit.
The council is presided over by the Minister of Power, Works and Housing, Babatunde Raji Fashola, and supported by the Minister of State for Power, Works and Housing, Suleiman Zarma Hassan. It includes members from 27 states of the federation.
It also asked NERC to issue a regulation that enables third party meter providers to install and manage customers’ meters, provided that such third parties are certified by the Nigerian Electricity Management Services Agency (NEMSA), and approved by the Discos based on available metering standards.
Source: Energy Mix Report