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DisCos metered 350,270 customers, remmitted ₦385.44bn in 2026’Q2 – NERC

DisCos metered 350,270 customers, remmitted ₦385.44bn in 2026’Q2 – NERC

 

 

Nigeria’s electricity distribution companies (DisCos) in Nigeria metered 350,270 additional customers in the second quarter of 2026, bringing the national metering rate to 62% during the period.

The Nigerian Electricity Regulatory Commission (NERC) disclosed this in an overview of its report on operational, commercial, metering, and regulatory performances in the Nigerian Electricity Supply Industry (NESI) for the period, published on its website Thursday.

As regards market remittance, the DisCos achieved an overall market remittance rate of 94%, settling ₦385.44bn of invoices issued by the Nigerian Bulk Electricity Trading Plc (NBET) and the Market Operator (MO).

According to the overview, On power generation, grid-connected plants recorded a 90% plant load factor in the quarter, with an average hourly output of 4,022.40 MWh/h.

In terms of billing and collection, total energy billed stood at ₦744.67billion, representing a billing efficiency of 79%. Total revenue collected was ₦603.64billion, a collection efficiency of 81%.

Talking its regulatory services, the Commission issued 64 regulatory instruments in the quarter in line with the powers granted by the Electricity Act 2023. These included 35 orders and 18 Market Service Provider (MSP) and Metering Asset Provider, MAP, certificates.

Loss performance however remained a concern as the average actual Aggregate Technical, Commercial and Collection (ATC&C) loss across the DisCos stood at 36%, well above the average allowed target of 16.92%.

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