HomeTagsDISCOs

Tag: DISCOs

Meter All ‘Brand A’ Feeders, NERC Tells DisCos 

Meter All 'Brand A' Feeders, NERC Tells DisCos  The Nigerian Electricity Regulatory Commission (NERC) has said it should be the priority of power distribution companies to meter all customers on Band A feeders. This came barely one week after the NERC approved over 200 per cent...

Metered Customers Reach 12.12m in 2023 Q4 – NBS

Metered Customers Reach 12.12m in 2023 Q4 - NBS The total number of metered customers in Nigeria increased by 3.46% in the fourth quarter of 2023, to reach 12.12 million. This is according to the latest data released by the National Bureau of Statistics (NBS) This, according...

DisCos Revenue Surge to N1tn, Unmetered Customers Hit 5.8m

DisCos Revenue Surge to N1tn, Unmetered Customers Hit 5.8m Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or...

Capping: Kaduna Electric Set To Refund Customers

Capping: Kaduna Electric Set To Refund Customers   Kaduna Electric is set to comply with the Nigerian Electricity Regulatory Commission's (NERC) order, mandating it to refund over billed customers. Kaduna Electric and other Distribution Companies in the country were sanctioned for non compliance with NERC's Capping Order,...

FG to DisCos: Resolve Metering Gap to Tackle Estimated Billing System

FG to DisCos: Resolve Metering Gap to Tackle Estimated Billing System The Federal Government has charged power distribution companies to address metering gap in the country in order to tackle the estimated billing system where customers pay more and receive less service. It disclosed this on...

FG to Probe DisCos Over Non-performance

FG to Probe DisCos Over Non-performance The Federal Government has declared on Monday that the power distribution companies will lose 50 per cent of their operating expenditures over non-performance after a careful probe. It made this known through the Nigerian Electricity Regulatory Commission (NERC) at the...