This study utilizes multiple regression analysis and the technique for computing\neconomies of scale to evaluate the dynamics of NRW in the AER of\nGWCL. Data on monthly total production, billed consumption, total revenue,\ntotal production cost and the volume of NRW spanning the period January\n2015 to June 2019, was obtained from the headquarters of AER and used for\nthe analysis. The study showed that NRW averaged 59.3% for the period under\nconsideration, which far exceeds the 25% threshold set by the World\nBank for developing economies. It was also established that a fairly inelastic\nrelationship exists between NRW and total revenue. Results further show that\nresources are not optimally used in the AER as proof of diseconomies of scale\nwas observed.
Loading....