By Modupe Gbadeyanka The price of the three-phase prepaid meter has been increased by the Nigerian Electricity Regulatory Commission (NERC) to N143,836.10 from N109,684.36. This development was confirmed by the agency in a circular marked NERC/2024/040 on Monday. NERC, which regulates the electricity sector in the country, also increased the price of a single-phase prepaid meter to N81,975.16 from N58,661.69. This is coming less than a month after the organisation raised the electricity tariff of Band A customers to N225 per kilowatt hour. In the notice titled The deregulation of meter prices for meters deployed under the Meter Asset Provider Scheme,
NERC Increases Price of Prepaid Meter to N143,836
