{
  "id": 12039707,
  "title": "DisCos earn N603bn as power offtake drops",
  "url": "https://urgent.news/2026/10/05/discos-earn-n603bn-as-power-offtake-drops",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-05T00:48:58.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/discos-earn-n603bn-as-power-offtake-drops/"
  },
  "original_language": "en",
  "account": "In the second quarter of 2026, electricity distribution companies (DisCos) generated N603.64 billion in revenue from customers despite a drop in the amount of electricity they received from the power market. The Nigerian Electricity Regulatory Commission's report highlighted that the average energy offtake by DisCos at their trading points decreased to 3,197.03 megawatt-hours per hour, a 3.40 per cent decline from the 3,309.48MWh/h average in the previous quarter. Despite this decline, DisCos achieved an overall offtake performance of 94.07 per cent against their available partially contracted capacity of 3,398.41MWh/h. The DisCos consumed 6,982.32 gigawatt-hours of electricity during the quarter but only billed customers for 5,812.31GWh, resulting in an energy accounting efficiency of 83.24 per cent, a slight decrease from the 83.48 per cent in the first quarter. The value of electricity off-taken by DisCos was N946.57 billion, while the total value billed to customers was N744.67 billion, translating to a billing efficiency of 78.67 per cent, a 0.57 percentage point decline from the first quarter.",
  "summary": "Nigerian electricity distribution companies collected N603.64bn in the second quarter of 2026 despite a 3.40% drop in power offtake, a NERC report shows. Read More: https://punchng.com/discos-earn-n603bn-as-power-offtake-drops/",
  "key_points": [
    "DisCos earned N603.64 billion in Q2 2026 revenue.",
    "Electricity offtake dropped 3.40% to 3,197.03 MWh/h.",
    "DisCos achieved 94.07% offtake performance against capacity."
  ],
  "editors_take": "DisCos' revenue growth despite decreased power offtake indicates they are maintaining strong billing and collection efficiency, allowing them to gain financially even when their electricity intake declines.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "DisCos earn N603bn as power offtake drops",
        "url": "https://urgent.news/2026/10/05/discos-earn-n603bn-as-power-offtake-drops-12040704",
        "published": "2026-10-05T00:48:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}