It said although the DisCos had obligation to meter all its consumers, the law did not vest a monopoly of meter supply on them.
Minister of Power, Works and Housing, Mr Fashola stated this at the 18th monthly power sector operators meeting in Kano State, on Monday.
According to him, meter supply was an open but regulated business, adding that intending meter service providers were to apply for licence from the NERC to undertake it.
He further disclosed that the government would optimise the EPSRA developing power sector regulation to democraticise access to meters.
He said this would be kick-started with a N39 billion loan to meter providers.
On situations where consumers, of their freewill, offer to pay for meters, he stated that this did not contravene the Electricity Power Reforms Act.
He, however, maintained that the government would monitor and regulate to ensure that DisCos did not abdicate in their obligations of metering.