The Nigerian Electricity Regulatory Commission (NERC) said Electricity Distribution Companies (DisCos) installed 350,270 meters in the second quarter of 2026.
The commission disclosed this in its 2026 second-quarter report released in Abuja on Monday.
NERC said the figure represented a 17.97 per cent decline from the 426,985 meters installed in the first quarter of the year.
It said 205,486 meters were installed under the Distribution Sector Recovery Programme (DISREP), 123,833 under the Meter Asset Provider (MAP) framework and 13,028 under the Meter Acquisition Fund (MAF) framework.
The commission added that 7,643 meters were installed under the DisCo-financed framework, while 280 were installed under the Vendor Financed Framework.
The report showed that as of the end of June, 7,743,839 of the 12,589,486 active registered customers in the Nigerian Electricity Supply Industry (NESI) were metered, representing a metering rate of 61.51 per cent.
NERC said it continued to issue monthly energy caps for feeders in DisCos operating in states that had not transitioned, as a measure to protect unmetered customers from exploitation.
