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 to the report. (NAN)(www.nannews.ng)
