ECG Posts Record Monthly Revenue of GHS 1.74bn for July
State-owned Electricity Company (ECG) said it collected a record GH₵1.74 billion ($115m) in July, signalling progress in efforts to cut losses and boost revenue mobilisation, even as it faces public criticism over proposed tariff reforms.
Julius Kpekpena, acting managing director, told Parliament’s Energy Committee that stricter internal controls and process improvements were driving the performance. “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,” he said.
ECG, long criticised for inefficiencies and technical losses, has come under pressure to improve cash collection as the government seeks to stabilise the power sector and reduce reliance on subsidies. The utility has also pledged to address customer service bottlenecks, including delays in securing new connections and meters.
At the same time, ECG is pressing the Public Utilities Regulatory Commission to approve a 220 per cent increase in distribution service charges, which it argues would correct a “distorted” tariff structure. Kpekpena stressed the request would not automatically raise end-user tariffs. “ECG has asked for a certain percentage increase in the distribution service charge, not in how much customers will pay us,” he said.
Under the current system, ECG receives about 12 per cent of tariff revenues, well below the 40 per cent it considers necessary to sustain operations. The company says the imbalance undermines investment in distribution infrastructure and threatens long-term reliability of supply.
Analysts say the record July revenue underscores the scope for better collection but warn that structural tariff reforms will remain politically sensitive, particularly at a time when consumers face high living costs.
