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RANKED

Disco report cardQ1 2026

Nigeria’s electricity companies, graded by NERC’s own numbers.

Eleven distribution companies (Discos) own the last-mile grid. Each quarter NERC publishes how much of the electricity they receive is lost to bad wires, unbilled use, and uncollected bills (ATC&C losses), plus how many customers actually have meters. Ranked compiles the Q1 2026 report into a single worst-first league. In Q1 2026, all 11 Discos missed their ATC&C targets.

Every figure from the NERC First Quarter 2026 Quarterly Report (published 1 July 2026, Tables 6, 8, 9 & 18) · verified against the primary PDF on 3 August 2026

National ATC&C loss

37.4%

Active registered customers

12.4M

National metering rate

59.1%

Worst-performing Disco

KAEDC

The league · worst-first by ATC&C losses

ATC&C = the share of received electricity a Disco fails to turn into collected revenue (technical + commercial + collection losses). Lower is healthier. The arrow compares against Q4 2025.

  • 01
    KAEDCKaduna Electricity Distribution Company
    Worst this quarter
    69.7%lost
    Kaduna, Kebbi, Sokoto, Zamfara 0.2 pts vs Q4 2025target 18.2%

    Billing eff.

    66.2%

    Collection eff.

    45.8%

    Metering rate

    36.4%

    Customers

    548K

  • 02
    JEDCJos Electricity Distribution Company
    58.0%lost
    Plateau, Bauchi, Benue, Gombe 6.8 pts vs Q4 2025target 20.8%

    Billing eff.

    71.9%

    Collection eff.

    58.4%

    Metering rate

    34.6%

    Customers

    822K

  • 03
    YEDCYola Electricity Distribution Company
    56.4%lost
    Adamawa, Borno, Taraba, Yobe 3.6 pts vs Q4 2025target 29.0%

    Billing eff.

    59.1%

    Collection eff.

    73.8%

    Metering rate

    33.2%

    Customers

    512K

  • 04
    IBEDCIbadan Electricity Distribution Company
    48.1%lost
    Oyo, Ogun, Osun, Kwara 5.6 pts vs Q4 2025target 17.5%

    Billing eff.

    69.1%

    Collection eff.

    75.1%

    Metering rate

    52.6%

    Customers

    2502K

  • 05
    KEDCOKano Electricity Distribution Company
    45.1%lost
    Kano, Katsina, Jigawa 0.8 pts vs Q4 2025target 17.4%

    Billing eff.

    87.5%

    Collection eff.

    62.8%

    Metering rate

    35.4%

    Customers

    799K

  • 06
    EEDCEnugu Electricity Distribution Company
    42.7%lost
    Enugu, Ebonyi, Imo, Abia, Anambra 4.1 pts vs Q4 2025target 18.1%

    Billing eff.

    81.3%

    Collection eff.

    70.5%

    Metering rate

    51.6%

    Customers

    1653K

  • 07
    BEDCBenin Electricity Distribution Company
    39.7%lost
    Edo, Delta, Ondo, Ekiti 4.8 pts vs Q4 2025target 17.2%

    Billing eff.

    70.8%

    Collection eff.

    85.2%

    Metering rate

    58.0%

    Customers

    1098K

  • 08
    PHEDCPort Harcourt Electricity Distribution Company
    36.0%lost
    Rivers, Cross River, Akwa Ibom, Bayelsa 3.0 pts vs Q4 2025target 16.7%

    Billing eff.

    78.8%

    Collection eff.

    81.2%

    Metering rate

    66.9%

    Customers

    1077K

  • 09
    AEDCAbuja Electricity Distribution Company
    31.9%lost
    FCT, Niger, Kogi, Nasarawa 0.9 pts vs Q4 2025target 17.0%

    Billing eff.

    84.2%

    Collection eff.

    80.9%

    Metering rate

    79.8%

    Customers

    1372K

  • 10
    IKEDCIkeja Electricity Distribution Company
    24.6%lost
    Lagos (mainland north — Ikeja, Mushin, Agege, Oshodi, Shomolu) 8.3 pts vs Q4 2025target 13.5%

    Billing eff.

    83.8%

    Collection eff.

    90.0%

    Metering rate

    88.0%

    Customers

    1338K

  • 11
    EKEDCEko Electricity Distribution Company
    Best this quarter
    20.2%lost
    Lagos (Island, Lekki, Apapa, Surulere, Ajeromi-Ifelodun) 6.0 pts vs Q4 2025target 14.2%

    Billing eff.

    89.0%

    Collection eff.

    89.6%

    Metering rate

    88.5%

    Customers

    667K

How NERC measures Disco performance

The numbers, defined

ATC&C loss %
Aggregate Technical, Commercial and Collection losses — computed as [1 − (billing efficiency × collection efficiency)]. Power lost in the wires, power consumed but never billed, and bills issued but never collected. Since Q2 2025 NERC computes billing efficiency in naira terms, and from Q1 2026 the allowed tariff is VAT-adjusted.
Metering rate %
Share of active registered customers with a meter (vs estimated billing) as of 31 March 2026. Lower metering = more “crazy bills” complaints — metering was 51% of all electricity complaints NERC logged this quarter.
Active registered customers
NERC’s post-April-2025 rebased count: customers vended or billed at least once in the last 12 months — not total connections. That is why these counts look lower than older “customer population” figures.
Why no “hours of supply” column?
NERC does not publish measured average supply hours per Disco — the service-band framework states committed minimums per feeder, not measured delivery. Rather than estimate, Ranked leaves the column out. When NERC publishes it, we’ll add it.

Cadence: NERC publishes a quarterly report 60–90 days after each quarter end; this page is refreshed each release. Customer complaint counts are published for only 8 of 11 Discos this quarter (Eko, Ikeja and Ibadan are absent from NERC’s own table), so we exclude them from the league. Best-ranked EKEDC still missed its own ATC&C target — no Disco earned a pass mark in Q1 2026.