By Stella Odueme
Electricity distribution companies (DisCos) collected ₦603.64 billion in revenue in the second quarter of 2026, representing an 81 per cent collection efficiency, according to the Nigerian Electricity Regulatory Commission (NERC).
The commission disclosed this in its Q2 2026 operational and commercial performance report, which highlighted developments in electricity generation, revenue collection, market remittance, customer metering and regulatory oversight across the Nigerian Electricity Supply Industry (NESI).
According to the report shown on the Commission's X handle on Wednesday, the DisCos billed customers a total of ₦744.67 billion during the quarter, representing a billing efficiency of 79 per cent.
On market remittance, the distribution companies recorded an overall remittance rate of 94 per cent, settling ₦385.44 billion of invoices issued by the Nigerian Bulk Electricity Trading Plc (NBET) and the Market Operator (MO).
The report also showed that grid-connected power plants achieved a plant load factor of 90 per cent, with average hourly electricity generation standing at 4,022.40 megawatt-hours per hour (MWh/h).
On metering, the DisCos installed 350,270 additional meters during the quarter, bringing the national metering rate to 62 per cent.
However, the report identified high Aggregate Technical, Commercial and Collection (ATC&C) losses as a major challenge in the distribution segment of the electricity market.
It stated that the average actual loss recorded by the DisCos stood at 36 per cent, significantly above the average allowed target of 16.92 per cent.
On regulatory oversight, NERC said it issued 64 regulatory instruments during the quarter in the exercise of its powers under the Electricity Act 2023.
The instruments included 35 regulatory orders and 18 certificates under the Meter Asset Provider (MAP) and Meter Service Provider (MSP) frameworks.
The commission said the report provides an overview of the industry's operational and commercial performance, with detailed company-by-company data available on its official website.