Thread by @realkelvin07

I keep thinking:

Only 38% of 12.6m customers currently have prepaid meters.

The government says in the 2nd half of 2022, the DISCOs had a revenue impairment of 49% to NBET as they remitted only #265bn of #519bn for load delivered from GENCOs through TCN

This means their efficiency rate is 51% because of the loss from estimated billing. And the govt has to cover for the shortfall of #254bn for only 2 quarters.

I get the argument of adopting cost reflective tariff, but this issue of raising electricity tariff because collection

is so poor is like the argument for raising VAT because the revenue to GDP ratio is low.

Of all the problems bedevilling the power sector (from infrastructure for distributing gas to GENCOs, to the FX issues they face for parts & maintenance, to lack of CAPEX to expand capacity

to need to build bigger dams especially in the North that doesn't have as many gas turbines because of a lack of gas distribution, to the ailing transmission infrastructure of TCN and the need to privatize a part of it to increase efficiency),

One of the most critical pieces of

reform required to improve power is to increase the adoption of prepaid meters;

& a viable way to achieve this is to ensure that there's a measure of backward integration for the production of meters to reduce backlog and insulate consumers from the FX fluctuations.