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NERC Orders DISCOS To Go Cashless

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Nigerian Electricity Regulatory Commission  has instructed  power distribution companies to change  to cashless settlement platforms for the collection of electricity bills from residential, industrial and commercial customers between January 31 and March 31.

It stated that beginning from January 2, 2020, the distributors had till January 31 and March 31, depending on the class of customers, to comply with the order, which was issued by the Nigerian Electricity Regulatory Commission in a document with reference ‘Order No/NERC/183/2019.’

A document jointly signed by the  NERC Chairman, James Momoh; and the NERC Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, says “The commission notes that this policy directive complies with the EPSRA (Electric Power Sector Reform Act) and the laws of the Federal Republic of Nigeria.

“The commission hereby orders that without prejudice to the provisions of section 10 of the Meter Reading, Billing, Cash Collections and Credit Management for Electricity Supplies Regulations, 2007, all Discos shall transit to cashless settlement platforms for the billing/collection of industrial and commercial customers by 31 January 2020.”

 

 

 

 

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