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

by Ramoni Segun Remi
January 6, 2026
in Business Scene
0
Kaduna Electric meters 50,000 customers as debts rise to N200bn
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The Nigerian Electricity Regulatory Commission (NERC) says 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.

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The commission also disclosed that electricity distribution companies collected N570.25 billion in the third quarter of 2025, out of the N706.61 billion billed to customers.

The report said that the metering 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.

Meanwhile, the report also said 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.

 

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