Electrical energy distribution corporations elevated income by 44.5% in a single 12 months: NBS

Tuesday, August 9, 2022

DisCos

DisCos

In its new Nigeria Electrical energy Report 2021, the Nationwide Bureau of Statistics, says earnings by distribution corporations jumped by 44.5 per cent in comparison with the earlier 12 months.

Particularly, the full income collected by DisCos stood at N761.17 billion, as in opposition to N526.77 billion in 2020.

The report was launched in Abuja on Monday.

Electrical energy prospects elevated from 10.37 million in 2020 to 10.51 million in 2021, the report famous whereas the variety of metered prospects rose by 36.18 per cent from 3.51 million in 2020 to 4.77 million in 2021.

It, nonetheless, mentioned estimated billing prospects decreased by 16.32 per cent from 6.86 million in 2020 to five.74 million in 2021.

The report confirmed that in complete, electrical energy billed in 2021 grew by 5.98 per cent from 22,042.28 (Gwh) in 2020 to 23,360.59 (Gwh) in 2021.

It mentioned that the Abuja Electrical energy Distribution Firm (AEDC) recorded the best variety of metered prospects in 2021 at 701,781, whereas Yola Electrical energy Distribution Firm (YEDC) recorded the least with 65,098.

The report mentioned Ikeja Electrical energy Distribution Firm (IEDC) recorded the best electrical energy provided in 2021 with 4,088.62 Gwh, whereas YEDC recorded the bottom at 422.00 Gwh.

Equally, the report mentioned the best income collected was by IEDC with 155,012.01 million whereas the least assortment was recorded in YEDC with 9,804.00m million. 

(NAN)

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