Electricity Distribution Companies in Nigeria collected about N600bn (N597.55bn) from consumers in the first quarter of 2026, according to the latest industry data released by the Nigerian Electricity Regulatory Commission.
The figure, which covers January to March 2026, shows the DisCos generated revenue close to the N600bn mark despite persistent challenges in the power sector.
According to the NERC commercial performance factsheets, the DisCos recorded N204.74bn in January, N196.68bn in February and N196.13bn in March 2026, bringing the first-quarter total to N597.55bn, averaging approximately N199.18bn per month.
The NERC reports highlight varying levels of commercial efficiency across the 11 DisCos. While some companies showed improvements in billing and collection efficiencies in certain months, overall performance remained mixed, with notable revenue shortfalls recorded monthly.
In January, the DisCos had total billings of N268.20bn but collected only N204.74bn, leaving N63.46bn in uncollected revenue for the month. Billing efficiency stood at 79.72 per cent, while collection efficiency was 76.34 per cent.
February 2026 saw total billings of N242.29bn, with N196.68bn collected. This resulted in N45.61bn in uncollected bills. The month recorded better billing efficiency at 87.44 per cent and collection efficiency of 81.17 per cent.
In March 2026, billings totalled N246.43bn, but collections stood at N196.13bn, indicating N50.30bn in uncollected revenue.
