The Energy Landscape: Consumption & Customer Behaviours

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The energy sector is undergoing significant transformations driven by evolving consumption patterns, inflationary pressures, and the emergence of alternative energy sources. These shifts are redefining how households interact with electricity, prompting questions about spending habits, efficiency, and the role of alternative energy in reducing costs and reliance on traditional sources.

Electricity consumption is a cornerstone of modern living, and understanding its dynamics is critical for shaping policies, improving customer experiences, and driving innovation. In this report, we analyze historical data from household energy meters to uncover trends in spending and explore correlations with unit usage and the adoption of alternative energy. By providing a comprehensive view of these factors, we aim to equip stakeholders with actionable insights to navigate the evolving energy landscape.

Some key insights:

• An average household consumes an average of 179.33kWh units per month
• 3 out of 10 household meters reduced unit consumption in 2024
• Households consume more electricity in the dry season than in the rainy season.
• Most households spend below N100,000 on electricity annually

Get insights into how Nigerians consume electricity, the country’s electricity challenges and customer habits in our exclusive report:

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