DisCos collected N191.86b revenue in June, says NERC

By Oluwayanmife Lucas

The Nigeria Electricity Regulatory Commission (NERC) yesterday revealed that the 11 Electricity Distribution Companies (DisCos) collected N191.86billion revenue from customers in June 2026.

In the period under review, the companies issued N240.71billion bills to the customers for the N315.73 billion energy that was received.

This was contained in the June 2026 Factsheet, which broke down the financial health and efficiency of the Distribution Companies (DisCos) across the country.

In June, said NERC, the companies failed to collect N48.95billion revenue.

While the energy distributors recorded 76.24 pper cent billing efficiency, 79.71 per cent collection efficiency, the industry posted 74.24 per cent revenue performance efficiency.

In the highlights of the factsheet, NERC said, “Billing Efficiency: Stood at 76.24 per cent, with total energy billed reaching ₦240.71billion out of ₦315.73billion energy received.

Collection Efficiency: Recorded at 79.71 per cent, resulting in a total revenue collection of ₦191.86billion for the month. Revenue Recovery Performance: The industry reached an overall Recovery Efficiency of 74.24 per cent.”

The factsheet also disclosed that with 87.04 per cent, Eko DisCo was top on the list of performance as Port Harcourt trailed it with 86.33 per cent.

With 82.23 per cent, Benin DisCo, according to NERC, was the third on the performance ladder.

“Top Performers: Eko (87.04 per cent), Port Harcourt (86.33 per cent), and Benin (82.23 per cent) DisCos stood out with the highest recovery efficiency levels for June,” NERC said.