22 C
Los Angeles
Monday, October 6, 2025

ECG announce record GH₵1.74bn revenue collection in July

BusinessECG announce record GH₵1.74bn revenue collection in July

Electricity Company of Ghana (ECG) has announced a record-breaking revenue collection of GH₵1.74 billion in July 2025.

According to the ECG, the GH₵1.74 billion in July 2025 is the highest monthly revenue the company has ever achieved.

Speaking during a meeting with the Energy Committee of Parliament on Friday, September 26, Julius Kpekpena, Acting Managing Director of ECG, stated, “This year, July, we had our highest ever revenue in the ECG collector GH₵1.74 billion. It’s a record and we want to celebrate that”.

“We want to reduce the frustration Ghanaians face in getting power supply or in getting meters. We know we have some issues in some of the districts and regions, and we are working to resolve those. But internally, we are working on those processes, and we are making progress,” he said.

Julius Kpekpena touched on the company’s request for a 220% increase in distribution service charges.

According to him,  ECG is not calling for higher tariffs for customers

“ECG has asked for a certain percentage increase in the distribution service charge, not in how much customers will pay us. And so, ECG is not asking that customers’ tariff should be increased by 220%, absolutely not. What we are asking for can even be done without any corresponding increase in the end-user tariff,” he explained.

He argued that the tariff structure is currently distorted as the ECG receives only 12% of the tariff component instead of the expected 40%.

“We are appealing to the PURC to correct that distortion. So the distribution service charge can go up without necessarily increasing the end-of-year tariff,” he added.

Also, the Electricity Company of Ghana (ECG)  has declared that there is no more erratic supply of power, commonly known as dumsor, in Ghana.

ECG confidently claimed that Ghanaians are now saying that they are hurting their eyes with the lights.

The Electricity Company of Ghana (ECG) is quoted by JOYNEWS to have stated, “Ghanaians now say we’re hurting their eyes with the lights; there is no dumsor”.

Some Ghanaians have reacted to ECG claims, saying, “So they want us to go back to Dumsor? Do people of Tokyo who have not experienced a power outage in years complain too? Bibini? Mmoaaa nkoaaa”.

“Please use statistical data to affirm your statement. Which percentage and class of Ghanaians are you referring to?” another netizen stated.

An X user wrote, “They can’t take a picture of some small portion of the country and lie to Ghanaians. Elsewhere, people are driving in total darkness. @ECG”

Additionally, another Ghanaian wrote, “I don’t experience Dumsor anymore but there are a number of people who do. I know he’s jocularly saying this one”.

One more netizen wrote, “ECG ankasa play come dey their eyes. They are very complacent lately and should take up new challenges like supplying power to Nigeria

They even made too much money”.

A netizen also added, “It’s good they have adopted a revenue collection as a competition between the various branches and the rewarding system too. I think they should just a robust system for detecting power stealing rather than depending solely on the foreman, superintendent and whistleblowers”.

Lastly, an X user wrote, “The problem has always been intentional underreporting of revenue. It’s our own government stealing from us, yet we all act like fools. They will still find a way to blame the average citizens”.

See the post below:

Check out our other content

Check out other tags:

Most Popular Articles