Energy theft and vandalism causes of revenue shortfall in Feb – Jos Disco
The Communication Director of Jos Electricity Distribution Company (JEDC) Mr. Elijah Friday, has attributed inability of the company to collect up to 50% of revenue for the electricity sold to its customers in the month of February 2018 to the twin evils of energy theft and vandalism.
according to Sahara Reporters, he said the Distribution Company (DISCO), was only able to collect less than a billion naira out of the N4.5 billion worth of electricity it distributed in the month of February. He also said over 100 transformers belonging to the company were damaged in two months.
The inability of DISCOS to remit due payments to power producers is hampering the ability of the electricity generation companies to run their operations and pay for the supply of gas they used in generating electricity.