NERC gives Discos November 1 deadline to close CAPMI scheme

29 September 2016, Abuja – The Nigerian Electricity Regulatory Commission (NERC) has directedthe 11 electricity distribution companies (Discos) to formally wind-down, by November 1, 2016, the alternative meter financing scheme it initiated in 2013. The commission said the Credited Advance Payment for Metering Implementation (CAPMI), which allows electricity consumers self-finance of their meter acquisition and installation […] More »