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DisCos Collected N208.15bn from Electricity Consumers in May, Says NERC
Electricity distribution companies collected N208.15bn from consumers in May, with Ikeja Electric leading revenue recovery, NERC reports.
Nigeria’s electricity distribution companies (DisCos) collected N208.15 billion from consumers in May 2026, as improvements in revenue collection offset a decline in billing efficiency, according to the Nigerian Electricity Regulatory Commission (NERC).
In its Commercial Performance Factsheet for May 2026, the regulator disclosed that the electricity industry received power worth N328.95 billion during the month, an 8.58 per cent increase from the value recorded in April.
The report showed that customers were billed N252.87 billion, translating to a billing efficiency of 76.87 per cent, which was 6.45 percentage points lower than the previous month.
However, NERC noted that the industry’s collection efficiency improved to 82.32 per cent, representing an increase of 1.66 percentage points compared with April.
As a result, the 11 DisCos recovered N208.15 billion in revenue during the month, reflecting a 2.23 per cent rise in collections.
The commission further reported that the sector achieved a revenue recovery efficiency of 77.31 per cent, measuring the proportion of allowable revenue successfully recovered by distribution companies.
According to the report, the average approved tariff in May stood at N124.39/kWh, while the average amount actually collected was N96.16/kWh, representing a 5.85 per cent decline in revenue realised per unit of electricity supplied.
Performance across distribution companies varied, with Ikeja Electric emerging as the top performer with a 94.63 per cent revenue recovery efficiency. It was followed by Eko DisCo at 91.54 per cent and Abuja DisCo at 84.84 per cent.
Port Harcourt DisCo recorded 81.46 per cent, while Benin, Enugu, Ibadan and Yola DisCos achieved recovery rates between 66.35 per cent and 76.19 per cent.
The poorest-performing companies were Kaduna DisCo with 39.75 per cent, Jos DisCo with 45.38 per cent, and Kano DisCo with 49.80 per cent, reflecting ongoing challenges in revenue recovery across parts of the Nigerian Electricity Supply Industry.
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