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DisCos Collected N196.26bn in September as Revenue Efficiency Rises — NERC

Regulator reports improved collection efficiency and stronger performance by Eko, Abuja and Ikeja utilities

The Nigerian Electricity Regulatory Commission (NERC) says power distribution companies (DisCos) generated N196.26 billion in revenue in September, reflecting a modest improvement in the sector’s commercial performance.

The figures were contained in the Commission’s September DisCos Commercial Performance Fact Sheet, which tracks monthly billing, collections, and recovery efficiency across the power distribution network.

According to NERC, September’s revenue marks a 2.69 percent increase over the N191.11 billion recorded in August. The improvement came after DisCos billed customers N241.54 billion during the month, slightly higher than the N238.67 billion billed in August, representing a 1.20 percent rise.

The report shows that the industry’s collection efficiency inched up to 81.25 percent, compared to 80.07 percent the previous month, indicating better performance in recovering billed energy charges from customers.

Despite the improved revenue numbers, NERC noted that the total energy received by the DisCos declined by 1.82 percent, dropping from N284.64 billion in August to N279.45 billion in September.

The regulator also highlighted tariff and collection dynamics across the sector. It said the average allowed tariff for September was N116.34/kWh, while the actual average collection stood at N97.09/kWh.

NERC listed Eko, Abuja and Ikeja DisCos as the top performers, maintaining strong billing, collection and recovery efficiency levels. It added that Aba Power recorded an impressive 102.85 percent billing efficiency, driven by improved energy optimisation and legacy debt recovery.

“Benin, Port Harcourt and Kano DisCos posted moderate efficiency levels, while Jos, Kaduna and Yola remained the weakest performers, with significant room for improvement,” the fact sheet noted.

The Commission said the latest figures offer clear insight into how effectively DisCos are billing customers, collecting payments, and recovering revenue  metrics that are crucial to improving liquidity across the Nigerian Electricity Supply Industry (NESI).

NERC added that strengthening commercial performance remains essential for sustaining investments and improving service delivery across the power sector.

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Opeyemi Owoseni

Opeyemi Oluwatoni Owoseni is a broadcast journalist and business reporter at TV360 Nigeria, where she presents news bulletins, produces and hosts the Money Matters program, and reports on the economy, business, and government policy. With a strong background in TV and radio production, news writing, and digital content creation, she is passionate about delivering impactful stories that inform and engage the public.

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