Eko Electricity Distribution Company has signed a memorandum of understanding MOU with Meter Asset Providers, MAP to reduce the metering gap within its distribution network. The signing took place on Monday, May 27th.
The agreement is in compliance with the new Meter Asset Provider regulation recently released by the county’s apex power regulatory agency, The Nigerian Electricity Regulatory Agency [NERC], which requires all electricity distribution licensees within the country to engage Meter Asset Providers to bridge the metering gap of about 4.7 million electricity customers across the country.
Under the new metering arrangement, Meter Asset Providers(MAP) were licensed in November 2018 by NERC to supply and install meters as part of ongoing reforms in the Nigeria Electricity Supply Industry. This is to eliminate estimated billing, unpaid bill and enhance customers confidence.
At the event, the MD of Eko Electricity Distribution Company, Engr Adeoye Fadeyibi described the event as a milestone and a demonstration of EKEDC’s unyielding commitment to the ongoing reforms in the Nigeria Electricity Supply Industry.
“As one of the first Discos in the country to key into this initiative, we are excited about the prospect that the initiative holds for the country. We are in no doubt that this is a significant effort at repositioning the Nigerian Power Sector which will ultimately bring about sustained Economic growth and enhanced development”, Fadeyibi said.
The MD, also observed that the new metering programme will help to reduce obstacles and bottlenecks that have hitherto impaired optimum power distribution within the Nigeria Electricity Supply Chain.
He charged the Meter Asset Providers to ensure that all customers within EKEDC’s distribution network are captured under the new metering arrangement while also urging them to ensure that installations of the meters are carried out in a manner that guard against revenue loss.
In their own reactions the Meter Asset Providers who took turn to speak at the event, commended EKEDC for its exemplary role in the country’s power distribution sector.