NERC Releases Third Quarter (Q3) Rating for DisCos

AD

FG Directs NERC & DISCO To Allow Customers Buy Meters

The Nigerian Electricity Regulatory Commission (NERC) carried out a third quarter (Q3) operational performance rating of power generation, transmission and distribution companies in Nigeria which revealed that six (6) electricty distribution company (DisCos) operated below 40% within that period.
The performance rating by NERC which was obtained in Abuja showed that  Abuja, Yola, Jos, Port Harcourt, Kano and Kaduna Discos, recorded respective weighted scores of 37, 34, 30, 30, 22, and 14 per cent in their operations. The DisCos were scored based on their remittances to the market, progresses made in metering their consumers, efforts made to reduce their Aggregate Technical Commercial and Commercial (ATC&C) loss levels, as well as quality of service and network improvements.
According to the report,it said only Benin, Ikeja, Eko, Enugu and Ibadan Discos were able to score 40 per cent and above in its performance rating, while on a general collective basis, all 11 Discos had improved their collection efficiencies by 2% from 58% to 60% between Q2 and Q3, but didnt improve so well with their remittances and metering programmes.
NERC also noted that in the ratings that improvements in collection efficiency did not reflect correspondingly on the level of remittances to the market. This was based on the fact that between June and July, a total of N83 billion was invoiced to the DisCos as due for payment to the market for power supplied to them but only N22 billion was paid, leaving a shortfall of N63 billion for the period.

Also on transmission, NERC stated that frequency fluctuations in the power grid came down to 9% from 80% that was recorded in Second Quarter (Q2), while transmission loses reduced to 8.42%  from 9.21 %, Four (4) partial and zero (0) total collapses were equally recorded by the TCN within the period.

 

AD

About Isaac Ademoluti 31 Articles
A Geophysicist, graduated from the Federal University of Technology, Akure (FUTA). Interested in the Power sector, football and loves writing.

Be the first to comment

Leave a Reply