•As energy supply drops 39%
But the number of metered customers rose faster, increasing by 351,792 or 7.4 per cent to 5.13 million in 2022 from 4.77 million in 2021.
The NBS in its report for Q4’22, said: “In terms of revenue, N232.32 billion was generated by the DISCOs in Q4’22 compared to N202.62 billion in Q3’22.
“On a year-on-year basis, revenue collected rose by 16.02 percent from N200.23 billion in Q4’21.
“Electricity supply in Q4’22 stood at 5,611 (Gwh) from 5,024 (Gwh) in Q3 2022, showing a rise of 11.68 percent.
“On a YoY basis, customer numbers in Q4’22 rose by 5.17 percent from Q4’21 (10.51 million). Metered customers during the period stood at 5.13 million from 5.02 million in Q3’22, indicating a 2.0 percent growth rate.
“Nevertheless, on a YoY basis, this grew by 7.37 percent from 4.77 million in Q4’21.
“The number of estimated customers was 5.93 million in Q4’22, higher by 0.34 percent from the 5.91 million reported in Q3’22.
“On a year-on-year basis, this rose by 3.34 percent in Q4’22 from the figure reported in Q4’21. “In terms of revenue, N232.32 billion was generated by the DISCOs in Q4’22 compared to N202.62 billion in Q3’22.
“On a YoY basis, revenue collected rose by 16.02 percent from N200.23 billion in Q4’21.
“Electricity supply in Q4’22 stood at 5,611 (Gwh) from 5,024 (Gwh) in Q3’22, showing a rise of 11.68 percent.
“On a YoY basis, electricity supply declined by 3.48 percent compared to Q4’21.”