The Nigerian Electricity Regulatory Commission (NERC) says Electricity Distribution Companies (DisCos) generated N203.61 billion from electricity consumers in April, representing an 80.66 per cent collection efficiency.
According to NERC’s Commercial Performance Factsheet released on Tuesday, the 11 electricity distribution companies collected N203.61 billion out of N252.43 billion billed to customers during the month under review.
The commission said the collection efficiency improved by 1.07 percentage points compared to March.
The report also revealed that the DisCos received electricity valued at N302.96 billion but billed consumers N252.43 billion, translating to a billing efficiency of 83.32 per cent, a slight decline of 0.57 percentage points from the previous month.
NERC further disclosed that the electricity industry recorded a revenue recovery efficiency of 82.11 per cent, with an average actual collection of N102.13 per kilowatt-hour (kWh) against the approved average tariff of N124.39/kWh.
The commission identified Eko DisCo as the top-performing distribution company with a 102.09 per cent revenue recovery efficiency, followed by Abuja DisCo at 89.77 per cent and Ikeja DisCo at 88.89 per cent.
According to the regulator, the three distribution companies recorded the highest revenue recovery efficiency among the 11 DisCos for April, reflecting stronger collection performance despite ongoing challenges in the power sector.
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