The 11 electricity distribution companies (DisCos) recorded a N140.83 billion revenue collection shortfall in Q2 2026.
The Nigerian Electricity Regulatory Commission (NERC) disclosed this in its Q2 2026 operational and commercial performance report.
The report provides an overview of key operational commercial metering and regulatory developments across the Nigerian Electricity Supply Industry (NESI).
It added that in the period under review total energy billed was N744.67 billion indicating 79 per cent billing efficiency and 81 per cent collection efficiency in Q2 2026.
‘Billing and Collection: Total energy billed reached ?744.67bn (79 per cent billing efficiency) while total revenue collected stood at ?603.64bn (81 per cent collection efficiency)’ said NERC.
NERC added that grid-connected power plants attained a 90 per cent plant load factor generating an average hourly output of 4022.40 MWh/h.
On Market Remittance the report revealed that DisCos achieved an overall market remittance rate of 94 per cent settling ?385.44bn of invoices issued by Nigerian Electricity Bulk Electricity Trading (NBET) Company and the Market Operator (MO).
NERC stressed that the DisCos metered 350270 additional customers during the quarter bringing the national metering rate to 62 per cent.
Continuing the report said ‘ATC and C Loss Performance: The average actual loss across DisCos was recorded at 36 per cent against an average allowed target of 16.92 per cent.
‘Regulatory Oversight: In line with powers under the Electricity Act 2023 NERC issued 64 regulatory instruments including 35 orders and 18 MSP and MAP certificates.’