DisCos collect N570bn, install 228,614 meters in Q3, 2025 – NERC

The Nigerian Electricity Regulatory Commission says electricity distribution companies collected N570.25 billion in the third quarter of 2025, reflecting improved revenue performance across the power sector nationwide during the reporting period.

This is even as the Electricity regulatory agency disclosed that Electricity Distribution Companies (DisCos) installed 228,614 meters in the third quarter of 2025.

NERC said the amount was collected from N706.61 billion billed to customers, indicating substantial recovery of revenues owed by electricity consumers nationwide during the quarter under existing tariff and billing frameworks.

The commission disclosed this in its third quarter report released Tuesday in Abuja, providing official data on revenue collection, billing efficiency, and performance trends among electricity distribution companies nationwide during period.

According to the report, the 80.70 per cent collection efficiency recorded in quarter three represents an improvement over quarter two 2025, when DisCos achieved lower revenue recovery levels across the electricity market.

NERC said DisCos collected N564.71 billion in quarter two from N742.34 billion billed, translating to 76.07 per cent efficiency and a 4.63 percentage point increase by quarter three across the reporting cycle.

Ikeja DisCo recorded the highest collection efficiency at 100 per cent, while Eko, Benin and Abuja DisCos exceeded 80 per cent, with Kaduna DisCo recording the lowest at 45.67 per cent nationwide according report.

The Nigerian Electricity Regulatory Commission (NERC) also disclosed that Electricity Distribution Companies (DisCos) installed 228,614 meters in the third quarter of 2025.

The commission said this in its third quarter report posted on its website in Abuja on Tuesday.

The report said that the figure represented an increase of 0.73 per cent compared to  the 226,959 meters installed in the second quarter of 2025.

According to the report, during the quarter under review, 176,302 meters  representing 77.12 per cent of the total installations were installed under the Meter Assert Provider framework.

It also said that 44,104 meters  representing 25.01 per cent of the installation were installed under the Vendor Financed framework  while 7,902 meters  representing 3.46 per cent were installed under the Distribution Sector Recovery Programme.

The report further said that 175 meters representing 0.08 per cent  were installed under the  Meter Acquisition Fund framework, and 131 meters representing 0.06 per cent were installed under the DisCo Financed framework.

”As of the end of Sept. 2025, 6,661,564 out of the total 12,030,315 active registered customers in the  Nigerian Electricity Supply industry were metered,” it said.

According to the report, to safeguard  customers against exploitation due to the lack of meters, the commission has continued to issue monthly energy caps for all feeders in each DisCo.

”This sets the maximum amount of energy that may be billed to an unmetered customer for the respective month based on gross energy received by the DisCo and consumption by metered customers on their respective feeders,” he said.