BEDC Warns Low National Grid Output Hitting Revenue & Services
BEDC Flags Impact of Reduced Power Supply
THE management of Benin Electricity Distribution Company (BEDC) Plc has raised concerns over the impact of declining electricity generation from Nigeria’s national grid on its operations and revenue.
Speaking to journalists on Friday in Benin, the company’s Chief Commercial Officer, Ogunleye Akinleye, said the national grid’s output has fallen to approximately 3,940 megawatts, resulting in significant reductions in power supply across BEDC’s franchise states.
Revenue and Customer Satisfaction Hit
Akinleye explained that the low generation has had a direct effect on revenue collection. “When customers do not receive adequate power supply, their payment appetite declines, particularly among post-paid users,” he said.
The decline in electricity supply has also affected prepaid customers, as the limited energy availability reduces their ability to purchase power, further diminishing revenue streams.
“The drop in national grid generation has significantly affected electricity distribution across the country, including our franchise areas,” Akinleye noted.
Operational Challenges
The BEDC official said the reduction in revenue is affecting the company’s ability to meet its obligations within the Nigerian electricity market. “Poor revenue collection limits our access to full operational expenditure and impacts our overall market performance,” he added.
He described the persistent decline in power generation as a major challenge for the sector and called on customers in Edo, Delta, Ondo, and Ekiti states to remain patient.
Government and Stakeholders Responding
Akinleye assured the public that the federal government and key stakeholders are working to resolve issues affecting electricity generation and distribution. He appealed for continued cooperation from consumers to help BEDC maintain service delivery despite the ongoing challenges.
