NERC report reveals that discos made more money despite supplying less electricity, see how they did it

8 hours ago 6
  • The Nigerian Electricity Regulatory Commission has published the Q1 2025 study to amusement however overmuch Discos made arsenic revenue
  • The study shows an absorbing summation successful revenue, adjacent erstwhile energy supplied and billed declined
  • The study raises questions astir Nigeria's powerfulness sector, and the accuracy of the energy bills consumers that are tasked with paying

Ruth Okwumbu-Imafidon, a writer with Legit.ng, has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

Electricity organisation companies successful Nigeria collected a whopping N553.63 cardinal arsenic gross from customers from January to March 2025.

This is according to information from the Nigerian Electricity Regulatory Commission Q1 2025 report.

This gross marks a 8.59% emergence from the erstwhile quarter, and a maturation of N43.79 cardinal from the N509.84 cardinal reported successful Q4, 2024.

Nigerians lament mediocre  energy  proviso   arsenic  discos study  expanding  revenuesThe gross is astir 9% higher than that of Q4, 2024. Photo credit: TCN
Source: UGC

Customers lament mediocre powerfulness arsenic discos summation revenues

While the discos are reporting accrued revenues, Nigerian energy consumers are complaining of mediocre powerfulness proviso and persistent outages.

The discos, connected their part, are inactive battling billing inefficiencies and organisation challenges resulting from outdated infrastructure.

The NERC study shows that portion energy procreation accrued from 9,289.95GWh successful Q4 2024 to 10,304.47GWh successful Q1 2025, overmuch of it was mislaid successful transmission, meaning that the discos did not gain much gross from it.

Billing ratio declined from 83.66% successful Q4 2024 to 81.18% successful Q1 2025, with the discos lone billing customers for 6,631.92GWh retired of the 8,169GWh received from the grid.

Customers wage much for less

The opposition is that portion billing and postulation ratio dropped, discos' gross accrued astir 9%.

About N191 cardinal successful billed gross was uncollected for the quarter, and the aggregate technical, commercialized and postulation losses surged past the 20.54% people to 39.61%.

This leaves an unanswered question astir however the discos inactive accrued gross successful this 4th compared to the last.

Recall that 2 discos were precocious penalised for overbilling, and 1 of them was directed to refund energy recognition worth N241.45 cardinal arsenic compensation to astir 9,823 customers.

NERC reports zero grid illness successful Q1 2025

Another item of the study is that the 4th recorded zero nationalist grid collapses, an absorbing deviating from the erstwhile year.

The twelvemonth 2024 had recorded a full of 13 nationalist grid collapses, implying that Nigerians had to header with respective days of acheronian successful each month.

The communicative has changed successful 2025 with zero grid collapses successful the archetypal 3 months.

However, determination were recurring violations of cardinal method parameters similar the mean little regular (49.28Hz) and mean precocious regular (50.77Hz) strategy frequencies, arsenic good arsenic the mean little regular strategy voltage (296.56kV) and the mean precocious regular strategy voltage (346.82kV).

NERC has warned that if the issues are not addressed, they could impact operational stability, the PUNCH reports.

Nigerian Discos Report Growth In Revenues Despite Decline In Billing EfficiencyBilling ratio reduced erstwhile compared to the erstwhile quarter, but revenues increased. Photo credit: Nurphoto
Source: Getty Images

NERC stops third-party bills collection

In related news, the Nigerian Electricity Regulatory Commission (NERC) has issued caller guidelines to DisCos connected currency and integer measure collection.

The committee said the caller line prohibits unlicensed third-party agents from collecting bills connected behalf of immoderate DisCo.

Legit.ng reported that lone third-party agents licensed by the Central Bank of Nigeria and NIBSS, with verifiable taxation compliance could beryllium allowed.

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Source: Legit.ng

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