Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings

    June 29, 2026

    T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion

    June 29, 2026

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings
    • T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion
    • Oil Prices Rise on Tit-for-Tat US, Iranian Strikes
    • XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume
    • CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions
    • Dangote Cement Opens at 19% Discount to 52-Week High
    • FirstHoldco Surges by10% as Investors Buy the Dip
    • Zenith Bank Rallies as Investors Chase Upside Potential
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, June 29
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Distribution Companies Generate N207bn from Power Bills— NERC

    Distribution Companies Generate N207bn from Power Bills— NERC

    Marketforces AfricaBy Marketforces AfricaMarch 7, 2026 News No Comments3 Mins Read
    Distribution Companies Generate N207bn from Power Bills— NERC
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Distribution Companies Generate N207bn from Power Bills— NERC

    The Nigerian Electricity Regulatory Commission (NERC) says electricity Distribution Companies (DisCos) collected N207.49 billion from customers in December 2025.

    The regulator disclosed this in its December commercial performance factsheet published on its website in Abuja on Saturday.

    According to the report, the 11 electricity distribution companies billed consumers N258.66 billion during the month. “Out of the billed amount, the companies collected N207.49 billion, leaving a revenue shortfall of N51.17 billion,” the commission said.

    It noted that the figures translate to a collection efficiency of 80.22 per cent across the 11 electricity distribution companies operating on the national grid.

    The factsheet said the utilities received electricity worth N309.65 billion from the grid in December. However, only N258.66 billion of the energy supplied was successfully billed to customers, representing a billing efficiency of 83.53 per cent.

    The regulator said the actual average revenue realised by DisCos stood at N98.97 per kilowatt hour. This compares with an allowed average tariff of N124.30 per kilowatt hour, giving the industry a revenue recovery efficiency of 79.62 per cent.

    A breakdown showed that Abuja Electricity Distribution Company recorded the highest revenue collection during the month. The company collected N38.11 billion from N46.68 billion billed, representing a collection efficiency of 81.64 per cent.

    Ikeja Electric collected N36.20 billion out of N43.41 billion billed, achieving 83.38 per cent collection efficiency. Similarly, Eko Electricity Distribution Company realised N38.01 billion from N41.41 billion billed, translating to a collection efficiency of 91.79 per cent.

    The commission said Benin Electricity Distribution Company collected N18.38 billion from N21.53 billion billed. It added that Port Harcourt Electricity Distribution Company recovered N17.62 billion out of N21.6 billion billed.

    Also, Ibadan Electricity Distribution Company collected N23.60 billion from N28.34 billion billed.

    Enugu Electricity Distribution Company realised N17.57 billion from N23.08 billion billed during the review period.

    Kano Electricity Distribution Company collected N8.98 billion from N15.64 billion billed, representing 57.45 per cent collection efficiency. The report added that Yola Electricity Distribution Company realised N3.55 billion from N4.25 billion billed.

    According to the regulator, Jos Electricity Distribution Company recorded the lowest collection efficiency at 42.92 per cent.

    It said the company collected N5.43 billion from N12.67 billion billed in December. The commission, however, noted that data for Kaduna Electricity Distribution Company was unavailable.

    It attributed the gap to an ongoing upgrade of the company’s billing system to meet regulatory requirements. DisCos Generate N207bn from Power Bills— NERC Premier Paints Trades Strong on Renewed Investor Confidence

    NERC POWER BILLS
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings

    T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    Dangote Cement Opens at 19% Discount to 52-Week High

    Add A Comment

    Comments are closed.

    Editors Picks

    Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings

    June 29, 2026

    T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion

    June 29, 2026

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026
    Latest Posts

    Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings

    June 29, 2026

    T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion

    June 29, 2026

    Oil Prices Rise on Tit-for-Tat US, Iranian Strikes

    June 29, 2026

    XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume

    June 29, 2026

    CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions

    June 29, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.