Consumers paid N542.73bn to Discos in 2020 – NERC

Consumers Paid N542.73bn To Discos In 2020 – NERC — Economic Confidential

 Consumers across the country paid a total of N542.73bn to power distribution companies as electricity bill in 2020, a report obtained from the Nigerian Electricity Regulatory Commission has shown.

In the 2020 financial report, the NERC, however, stated that the electricity bill that was given consumers by the 11 Discos across the country was N816.15bn.

This implies that the power firms recorded a shortfall of N273.42bn during the review period.

Ikeja Disco collected the highest amount of electricity bill from customers in its franchise area, as it raked in N105.23bn in 2020.

On the other hand, Yola Disco collected the lowest revenue last year, garnering N10.74bn during the period.

Abuja, Benin and Eko Discos made revenues of N82.6bn, N45.66bn and 84.66bn respectively.

The distribution companies in Enugu, Ibadan and Jos collected N47.83bn, N61.8bn and N17.44bn respectively from their customers.

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Customers served by Kaduna, Kano and Port Harcourt Discos paid N21.53bn, N33.84bn and N31.39bn to their electricity suppliers respectively.

Discos had been complaining that many power consumers were not complying with respect to the payments of their electricity bills.

Power users on the other hand had argued that Discos were not living up to expectation and had demanded for improved service delivery by the electricity distribution firms.

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