Are The Discos Complying With Their Performance Agreement On Metering The Nigerian Electricity Consumers?

Profit is the motive of every business and for any business owner to realize profit from an undertaking the production cost must be less than the sales cost.
Introduction

Profit is the motive of every business and for any business owner to realize profit from an undertaking the production cost must be less than the sales cost. This is even much more so in a capital-intensive business such as the production and supply of electricity. In the Nigerian Electricity Supply Industry   NESI, the bottom-line is that electricity cost or tariff paid by the final consumer should reflect the cost of production to ensure that the supplier earns a decent profit; otherwise, the supplier will not be in business. To generate revenue, the Distribution companies   Discos) must quantify the electricity usage of the consumer and metering the consumer is the only fair way to measure electricity usage. This article discusses the subject of metering customers from the retail side of the NESI alone. We attempt to interrogate the efforts made to bridge the metering gap and how well the estimated billing system has helped the Discos in billing and collecting their revenue from the customers.

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