NERC: Over 25% Energy Wheeled by TCN Lost to Theft, Technical Inefficiency

Over 25 per cent of the total energy wheeled by the Transmission Company of Nigeria to electricity Distribution Companies is lost to theft and technical inefficiency, a report from the Nigerian Electricity Regulatory Commission has indicated.

However, the power sector regulator stated that the amount of energy received, billed and billing efficiency by Discos during the third and fourth quarters of 2020 indicate an increase in Discos’ billing efficiency during 2020/Q4. Based on relative improvement from the preceding quarter, NERC stated that six Discos with the exception of Abuja, Benin, Eko, Enugu and Ikeja recorded an improvement in their billing efficiencies during the quarter under review, ranging from 1.84 percentage points to 12.12 percentage points .

It explained that the overall collection efficiency for all Discos decreased to 65.34 per cent during the fourth quarter of 2020 representing 1.38 percentage points reduction from the 66.72 per cent collection efficiency by Discos recorded during the third quarter of 2020. NERC declared that Kaduna Disco had the lowest collection efficiency of 29.09 per cent, stressing that on a quarter-on-quarter basis, only Benin, Eko and Kano Discos recorded an improvement in collection efficiency with Eko Disco having the highest increase of 6.67 percentage points moving from 75.37 per cent in 2020/Q3 to 82.04 per cent in 2020/Q4.

“The overall ATC&C losses of 47.14 per cent in 2020/Q4 are substantially larger than the expected industry average of approximately 22.11 per cent – the allowable ATC&C losses provided in the MYTO applicable during the quarter.

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