Previous Next

Electricity consumers rose to 11.71m in Q3, says report

The National Bureau of Statistics (NBS) has announced that the number of electricity consumers rose by 240,000 from 11.47 million in the second quarter of 2023 to 11.71 million in the third quarter of 2023.

In its electricity report for the third quarter of 2023, released yesterday, NBS revealed that the increase was by 2.08 per cent.

The report which focuses on energy billed, revenue generated, and customers by DISCOS under the reviewed period indicated that on a year-on-year basis, the number of electricity customers increased by 7.09 per cent in Q3 2023 from 10.94 million reported in Q3 2022.

According to the data, in Q3 2023, there were 5.68 million metered customers, up 3.77 percent from 5.47 million in Q2 2023.

“On a year-on-year basis, the figure grew by 13.07 per cent from the 5.02 million reported in Q3 2022,” NBS said.

It said compared to the N202.62 billion collected in the third quarter of 2022, revenue collected on a year-on-year basis increased by 28.40 percent.

As of the third quarter of 2023, the amount of electricity supplied was 5,731.60 (Gwh) as opposed to 5,909.83 (Gwh) in the second quarter of the same year.

On the other hand, the report observed that in comparison to the 5,023.96 (Gwh) recorded in Q2 2022, the electricity supply increased by 14.09 percent in Q3 2023 on an annual basis.