DisCos remitted ₦385.44bn to electricity market in Q2, 2026 — NERC

The Nigerian Electricity Regulatory Commission (NERC), in its Q2 2026 Operational and Commercial Performance Report, has said Nigeria’s electricity distribution companies (DisCos) paid ₦385.44 billion into the electricity market during the period under review.

The report, which provides an overview of key operational, commercial, metering and regulatory developments across the Nigerian Electricity Supply Industry (NESI), revealed that the DisCos achieved an overall market remittance rate of 94%, covering payments towards invoices issued by the Nigerian Bulk Electricity Trading Plc (NBET) and the Market Operator (MO).

According to the report, grid-connected power plants recorded a plant load factor of 90% during the quarter, with an average hourly output of 4,022.40 MWh/h.

In terms of billing and collection, total energy billed stood at ₦744.67 billion, representing a billing efficiency of 79%, while total revenue collected amounted to ₦603.64 billion, indicating a collection efficiency of 81%.

The DisCos installed meters for an additional 350,270 customers during the period, raising the national metering rate to 62%.

In the area of regulatory oversight, the Commission issued 64 regulatory instruments during the quarter under the powers conferred on it by the Electricity Act 2023.