NERC: DisCos collected N191bn out of N245bn billed in February

The Nigerian Electricity Regulatory Commission (NERC) says electricity distribution companies (DisCos) collected N191.75 billion out of the N245.93 billion billed in February.

In its February factsheet, NERC reported a collection efficiency of 77.9 percent, representing a 6.56 percent increase from January 2025.

The commission said the total energy received by the DisCos stood at 2,583.19 gigawatt-hours (GWh), while 2,137 GWh was billed to customers — translating to a billing efficiency of 82.73 percent, and a 1.81 percent increase month-on-month.

According to the factsheet, the allowed average tariff for the month was N116.18 per kilowatt-hour (kWh), but the DisCos collected an average of N88.21/kWh, resulting in a 75.9 percent recovery efficiency.

“10.50 percent higher than the recovery efficiency in January,” the factsheet added.

NERC said Aba DisCo has the highest allowed tariff of N200.88 per kWh, but its actual average collection for the month was N127.58/kWh.

The utility firm billed N6.44 billion but recovered only N3.47 billion — a collection rate of 53.9 percent.

Also, NERC said that Abuja DisCo had the highest collection efficiency of 89.03 percent, having recovered N31.76 billion of the N35.67 billion billed in February.

It was followed closely by Eko DisCo, which recovered N36.6 billion of the N41.24 billion it billed, marking an 88.76 percent efficiency.

Similarly, Enugu DisCo billed N17.95 billion and recovered N15.88 billion — a collection efficiency of 88.47 percent.

The factsheet said Ibadan DisCo issued bills totalling N26.88 billion to its customers in February but was able to recover N19.28 billion, reflecting a collection rate of 71.72 percent.

Ikeja DisCo, on the other hand, billed N41.18 billion and collected N33.35 billion, achieving an 81 percent recovery rate.