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AEDC Tops, As Electricity Customer Metering Rises To 10.51m In 2021

Nse Anthony-Uko by Nse Anthony-Uko
4 years ago
in Business, News
AEDC
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The Abuja Electricity Distribution Company (AEDC) recorded the highest number of metered customers in 2021 at 701,781, even as the total number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 10.37 million in 2020 to 10.51 million in 2021.

 

Data obtained from National Bureau of Statistics (NBS) Nigeria Electricity Report 2021 released in Abuja, also showed that Yola Electricity Distribution Company (YEDC) recorded the least with 65,098.

 

The report said Ikeja Electricity Distribution Company (IEDC) recorded the highest electricity supplied in 2021 with 4,088.62 Gwh, while YEDC recorded the lowest at 422.00 Gwh.

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Similarly, the report said the highest revenue collected was by IEDC with N155,012.01 million while the least collection was recorded in YEDC with N9,804.00m million.
The report focused on energy billed, revenue generated and customers by DISCOS under the reviewed period.
The report said the number of metered customers rose by 36.18 per cent from 3.51 million in 2020 to 4.77 million in 2021.
It, however, said estimated billing customers decreased by 16.32 per cent from 6.86 million in 2020 to 5.74 million in 2021.
The report showed that in total, electricity billed in 2021 grew by 5.98 per cent from 22,042.28 (Gwh) in 2020 to 23,360.59 (Gwh) in 2021.
The report also shows that in 2021, total revenue collected by DISCOs stood at N761.17 billion, an increase of 44.50 per cent compared to N526.77 billion in 2020.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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