The Nigerian Electricity Regulatory Commission (NERC), has called for stakeholders’ inputs on the ongoing draft net billing regulations for the power sector.
NERC explained that the Nigeria’s solar energy capacity has experienced significant growth in recent years. Noting that in 2023, solar panel imports were valued at over $200 million, translating to more than four million panels, with a substantial portion allocated to captive power generation.
The Commission said, by Q1 2025, the value of imported solar panels had reached approximately ₦125.29 billion, reflecting the increasing adoption of renewable energy, particularly in rural and off-grid areas, driven by government initiatives and private sector investments.
It also noted in 2024, Nigeria added 63.5 MW of solar capacity, bringing the total installed capacity to 385.7 MW, further accelerating the shift towards decentralized energy solutions.
Given this expansion, NERC said the stakeholders have approached the Commission with requests to explore the possibility of implementing a net metering arrangement, enabling the export of excess power back into the grid for commercial value.
It said in compliance with its Business Rules and pursuant to Sections 46 and 48 of the Electricity Act (EA) 2023, which govern the Commission’s proceedings, consultations, and public hearings, the Commission has developed draft regulations on net billing.
Therefore, urging the general public to provide comments on the draft net billing regulations which could be accessed on its website, noting that submissions could be made until 26 September 2025.
