DisCos Remit N385.44bn To Electricity Market In Q2- Report

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that electricity distribution companies (DisCos) remitted N385.44bn, representing a 94 per cent market remittance rate, against invoices issued by the Nigerian Bulk Electricity Trading Plc (NBET) and the Market Operator (MO) in the second quarter of 2026.

This is contained in NERC’s Q2 2026 operational and commercial performance report on the Nigerian Electricity Supply Industry (NESI).

The report also showed that total electricity billing reached N744.67bn, representing a billing efficiency of 79 per cent, while revenue collection stood at N603.64bn, with a collection efficiency of 81 per cent.

On metering, the report stated that DisCos metered an additional 350,270 customers during the quarter, bringing the national metering rate to 62 per cent.

However, the average actual Aggregate Technical, Commercial and Collection (ATC&C) loss across the DisCos stood at 36 per cent, compared with an average allowed target of 16.92 per cent.

On power generation, grid-connected plants recorded a 90 per cent plant load factor, with an average hourly output of 4,022.40 megawatt-hours per hour (MWh/h).

The report further stated that the Nigerian Electricity Regulatory Commission (NERC), exercising its powers under the Electricity Act 2023, issued 64 regulatory instruments during the quarter.

These comprised 35 orders and 18 certificates under the Meter Asset Provider (MAP) and Meter Service Provider (MSP) frameworks.