epileptic power discos billing drops 54 to n213bn

Epileptic Power: Discos Billing Drops 5.4 To N213bn

The total amount billed to electricity customers byDistribution Companies DISCOs has dropped by 5.4 to N213.62 billion in October 2024 from N225.80 billion in September 2024.

In same vein, DISCOs total revenue collected declined by 5.0 to N163.07 billion in October 2024 from N171.58 billion in September 2024.

This came as the DISCOs recorded 76.33 percent total revenue collection efficiency .

Revealing this in its latest data from the Nigerian Electricity Regulatory Commission, NERC, it showed that billing efficiency rose 84 percent in October against 82.36 percent recorded in September 2024.