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Business News of Tuesday, 19 September 2023

Source: www.legit.ng

New details emerge as NERC stands on November 2024 prepaid meter upgrade deadline

Prepaid meters Prepaid meters

The Nigerian Electricity Regulatory Commission (NERC) has issued a directive for prepaid meter users in the nation to ensure the update of their meters prior to November 2024.

NERC has emphasized the importance of prepaid meter users contacting their respective distribution companies (DisCos) to initiate the meter upgrade process.

A portion of the Nigerian population raised concerns about the motive behind the update, contending that it could serve as a mechanism for increasing electricity tariffs.

Additionally, some individuals voiced apprehension that the upgrade might introduce malicious software that could potentially disrupt the functionality of certain prepaid meters.

In this article, Legit.ng breaks down all you need to know about NERC’s planned meter upgrade.

Why is NERC requesting upgrade of prepaid meters?

In its announcement, NERC highlighted the necessity of updating prepaid meters, aligning with the global trend in prepaid meter technology.

The regulatory agency underscored that by November 2024, STS (Standard Transfer Specification) standard meters would undergo a significant transformation referred to as "Roll Over."

Consequently, it is imperative that all meters are upgraded to meet specific standards before this deadline.

To address the occurrence of TID (Token Identifier) rollover, all meters will require key change tokens with the rollover bit activated.

These key change tokens will be provided by Utility Companies, and when inputted, this process will prompt the meters to reset the TID stack memory to 0 while simultaneously changing the meter key.

Moreover, each credit token contains a unique token identifier (TID) encoded within its 20 digits.

This TID serves to prevent token replay at the meter. The Token Identifier is a 24-bit field found in STS-compliant tokens, responsible for identifying the date and time of token generation. This information is used to determine whether a token has previously been utilized in a prepaid meter.

How to do the meter updating process

In relation to the updating procedure, NERC has outlined that consumers will receive two complimentary Key Change Tokens (KCT) from their individual electricity distribution companies (DisCos).

These tokens will be distributed to consumers in a manner similar to their electricity token purchases.

To effect the update, consumers will input these tokens into their meters, following the same process used for entering their electricity tokens.

Upon acceptance of the token by the meter, an automatic upgrade will be initiated.

NERC has also extended advice to all prepaid meter users, encouraging them to contact their respective DisCos for additional details regarding the updating process.