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The Nigerian Electricity Regulatory Commission (NERC) has revealed that power distribution companies (DisCos) generated revenue totalling N196.26 billion in September.
This was disclosed in the commission’s ‘DisCos Commercial Performance Fact Sheet’ for the month. According to the document, the figure marks a 2.69 per cent rise from the N191.11 billion collected in August. The DisCos recorded the revenue after issuing bills amounting to N241.54 billion, reflecting a 1.20 per cent increase compared with the N238.67 billion billed in the previous month.
NERC noted that collection efficiency rose marginally to 81.25 per cent, up from 80.07 per cent in August. The factsheet also showed that the total energy received by the DisCos was valued at N279.45 billion in September — a 1.82 per cent drop from N284.64 billion recorded in August.
The commission stated that the average allowed tariff across all DisCos stood at N116.34/kWh, while the actual average collection was N97.09/kWh during the same period.
NERC identified Eko, Abuja, and Ikeja DisCos as the strongest performers in billing, revenue collection, and overall recovery efficiency.
“Benin, PH, and Kano posted moderate efficiency levels, while Jos, Kaduna, and Yola continued to trail and show room for improvement.”
According to the commission, the figures offer a clear picture of how effectively the DisCos are billing customers, collecting payments, and recovering revenue.
NERC added that these performance indicators are vital for improving liquidity and strengthening service delivery across the Nigerian Electricity Supply Industry (NESI).
