Electricity distribution companies, DisCos, remitted N385.44 billion to the Nigerian electricity market in the second quarter of 2026, representing a 94 per cent compliance rate.
This is contained in the Nigerian Electricity Regulatory Commission, NERC, Q2 2026 operational and commercial performance report, which provides an overview of key developments across the Nigerian Electricity Supply Industry, NESI.
According to the report released in Abuja on Thursday, the remittance covered invoices issued by the Nigerian Bulk Electricity Trading Plc, NBET, and the Market Operator, MO, for energy supplied to the DisCos.
On generation, the Commission disclosed that grid-connected power plants recorded a plant load factor of 90 per cent during the quarter, with an average hourly generation of 4,022.40 MWh/h.
The report further showed improvements in commercial performance. Total energy billed by the DisCos stood at N744.67 billion, translating to a billing efficiency of 79 per cent, while total revenue collected was N603.64 billion, representing a collection efficiency of 81 per cent.
Metering also recorded progress, as the DisCos installed 350,270 new meters for customers in the quarter, raising the national metering rate to 62 per cent.
Losses, howeverremained a major challenge. The average actual Aggregate Technical, Commercial and Collection (ATC&C) loss across all DisCos was 36 per cent, significantly higher than the allowed target of 16.92 per cent.
On regulation, NERC said it issued 64 regulatory instruments during the period in exercise of its powers under the Electricity Act 2023, comprising 35 orders and 18 Market Service Provider (MSP) and Metering Asset Provider (MAP) certificates.
Source: Business Archives – New Telegraph
