DisCos Raked In N202.62bn Income In Q3, 2022

The Nationwide Bureau of Statistics (NBS) mentioned the 11 electrical energy Distribution Corporations (DisCos) collected N202.62 billion income within the third quarter of 2021 (Q3 2021).

It rose by 7.54 per cent from the N188.11 billion collected within the earlier quarter, based on the Bureau’s Q3 2022 Electrical energy Report.”

The doc mentioned: “Income collected by the DISCOs throughout the interval stood at N202.62 billion in Q3 2022 from N188.41 billion in Q2 2022, displaying an increase of seven.54 per cent.”

The doc added that on yearly, income generated rose by 5.56 per cent from N191.95 billion in Q3 2021.

Electrical energy provide in Q3 2022, mentioned NBS, stood at 5,024 (Gwh) from 5,227 (Gwh) within the earlier quarter.

Yearly, electrical energy provide declined by 8.53 per cent in comparison with 5,493 (Gwh) reported in Q3 2021.

The doc famous that the full buyer numbers in Q3 2022 stood at 10.94 million from 10.81 million in Q2 2022, displaying an increase of 1.20 per cent.

It added that yearly, buyer numbers in Q3 of final yr declined by 1.19 per cent from Q3 2021 (11.07 million). In Q3 2022, metered prospects stood at 5.02 million from 4.96 million in Q2 2022, indicating a 1.33 per cent enhance. Nonetheless, NBS mentioned yearly, this grew by 5.71 per cent from the determine reported in Q3 2021, which was 4.75 million.

The Bureau mentioned equally, estimated prospects stood at 5.91 million in Q3 2022, larger by 1.09% from 5.85 million in Q2 2022.

It additionally famous that on a year-on-year foundation, estimated prospects declined by 6.38% in Q3 2022 from 6.32 million in Q3 2021.