NERC report shows distribution companies collected more revenue despite lower billing efficiency during the month….
Electricity consumers across Nigeria paid a total of N208.15 billion for power supplied in May 2026, as electricity distribution companies (DisCos) recorded improved revenue collection performance despite a decline in their billing efficiency.
This was revealed in the Nigerian Electricity Regulatory Commission (NERC) Commercial Performance Factsheet for May 2026, which showed that the 11 electricity distribution companies received electricity valued at N328.95 billion during the month.
The figure represents an 8.58 per cent increase compared with the value of electricity received by DisCos in April.
According to the report, electricity worth N252.87 billion was billed to customers in May, translating to a billing efficiency rate of 76.87 per cent.
However, billing efficiency declined by 6.45 percentage points compared with the previous month.
Despite the drop in billing performance, DisCos recorded stronger revenue collection, with the industry’s collection efficiency rising to 82.32 per cent in May, representing a 1.66 percentage point increase from April.
The improvement allowed the 11 distribution companies to collect N208.15 billion from customers during the month, marking a 2.23 per cent increase over the previous month’s collection figure.
NERC also reported that the electricity sector recorded a revenue recovery efficiency rate of 77.31 per cent in May, reflecting the share of allowable revenue successfully recovered by the DisCos.
The commission stated that the average allowed tariff during the month stood at N124.39 per kilowatt-hour (kWh), while the actual average collection was N96.16/kWh.
This represented a 5.85 per cent decline in the average revenue recovered per unit of electricity supplied.
Among the distribution companies, Ikeja Electric recorded the highest revenue recovery efficiency in May with 94.63 per cent, emerging as the best-performing DisCo during the period.
It was followed by Eko DisCo, which achieved 91.54 per cent, while Abuja DisCo recorded 84.84 per cent.
Other DisCos recorded mixed performances, with Port Harcourt DisCo posting a recovery efficiency rate of 81.46 per cent, while Benin, Enugu, Ibadan and Yola DisCos recorded recovery rates ranging from 66.35 per cent to 76.19 per cent.
At the lower end of the ranking, Kaduna DisCo recorded the weakest performance with a recovery efficiency rate of 39.75 per cent, followed by Jos DisCo with 45.38 per cent and Kano DisCo with 49.80 per cent.
The figures highlight ongoing challenges within parts of the Nigerian Electricity Supply Industry, particularly around revenue recovery, even as distribution companies continue efforts to improve collections and operational efficiency.