• Progress slow despite deregulated metering, multiple funding
• Stakeholders raise concerns over regulatory weaknesses, corruption
The sluggish progress of end-user metering by distribution companies (DisCos) may keep most consumers under arbitrary billing for another decade or more. This comes as all the DisCos, despite funding from the Federal Government and a deregulated metering scheme, were only able to meter only 542,738 customers in 2024, leaving the number of customers placed on estimated billing at a staggering 7.2 million.
In 2023, 609,585 customers were metered while the number dropped to 542,738 last year. In 2021 and 2022, 672,539 and 850,000 meters were installed respectively, putting average yearly installations at 668,715 units.
This means that, if metering continues to grow at this rate, it would take about 10 years and 10 months…
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