Nigerians with solar power systems at their homes and workplaces can earn credits on their electricity bills by supplying excess electricity to the national grid under the Net Billing Scheme introduced by the Nigerian Electricity Regulatory Commission.

The scheme allows electricity consumers who generate power through solar installations to send surplus electricity to the national grid and receive credits for the energy supplied.

NERC disclosed this in a public awareness message on its X handle on Friday, urging Nigerians with solar power systems to take advantage of the initiative to reduce their electricity bills and benefit financially from excess power generation.

The commission explained that customers whose solar installations generate more electricity than they consume can export the surplus to the national grid in exchange for credits.

“When your solar power system generates more electricity than you use, the excess can be sent to the national electricity grid.

“You will receive a credit for the electricity you supply, which will help reduce your electricity bill,” NERC said.

According to the commission, the Net Billing Scheme is designed to encourage the adoption of renewable energy while rewarding consumers who contribute surplus electricity to the national grid.

NERC noted that the arrangement would enable Nigerians to generate electricity for their personal use, save money on energy costs and benefit from the excess power they produce.

“This allows you to generate electricity, save money, and earn from your excess electricity,” the commission stated.

The regulatory agency encouraged interested consumers to familiarise themselves with the provisions of the 2026 Net Billing Scheme to understand the requirements and determine whether their solar installations qualify.

It also directed Nigerians to visit its official website, to access the scheme and obtain further information.

The commission said the initiative forms part of efforts to promote renewable energy and improve electricity availability across the country.

NERC added that it remained committed to making electricity available to Nigerians through initiatives that encourage increased power generation and wider participation in the electricity market. (The PUNCH)