The Nigerian Electricity Regulatory Commission has said that power consumers paid a total of N210.17bn to distribution companies in the fourth quarter of last year.
It disclosed this in its Quarterly Report for Fourth Quarter 2021, noting that the amount represented 9.34 percent of the total electricity bill given to consumers by electricity distribution companies during the period.
On market remittance, NERC stated that the combined market remittance order adjusted invoices from the Nigerian Bulk Trading Company and Market Operator to Discos in 2021 was N210.72bn for generation costs as well as transmission and administrative services.
