DisCos rake in N203.6bn from electricity consumers in April — NERC

The Nigerian Electricity Regulatory Commission, NERC, has said the electricity distribution companies (DisCos) generated N203.61 billion from consumers in April 2026.

According to NERC’s Commercial Performance Factsheet, the 11 DisCos collected N203.61 billion out of N252.43 billion billed to customers during the month, representing a collection efficiency of 80.66 per cent, up by 1.07 percentage points from March.

The commission said “the DisCos received electricity worth N302.96 billion and billed customers N252.43 billion, while billing efficiency stood at 83.32 per cent, a slight decline of 0.57 percentage points from the previous month”.

“Collection efficiency recorded an increase to 80.66 per cent, resulting in total revenue collection of N203.61 billion for the month,” NERC stated.

NERC added that the industry’s revenue recovery efficiency was 82.11 per cent, with an average actual collection of N102.13 per kilowatt-hour against the approved average tariff of N124.39/kWh.

Among the distribution companies, Eko DisCo recorded the highest revenue recovery efficiency at 102.09 per cent, followed by Abuja DisCo with 89.77 per cent and Ikeja DisCo with 88.89 per cent.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *