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ECG Records Revenue Growth, Collects GHS 1.6 Billion in First Half of 2025

3 months ago
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ECG Records Revenue Growth, Collects GHS 1.6 Billion in First Half of 2025

The Electricity Company of Ghana (ECG) has recorded a notable improvement in its revenue mobilisation efforts, accruing GHS 1.6 billion in the first half of 2025, according to the Minister for Energy and Green Transition, John Jinapor.

The amount, though below the company’s projected target of GHS 2.5 billion for the period, represents a significant year-on-year growth compared to the same period in 2024.

Speaking on the floor of Parliament on Tuesday, July 2, Mr Jinapor described the development as a positive step in ECG’s financial performance, highlighting the ongoing efforts to enhance revenue collection.

“At the end of the month [June 2025], ECG was able to raise about GHS 1.6 billion, which is a remarkable improvement, even though the target ought to be GHS 2.5 billion,” he noted. “If you do a year-on-year comparison, this month [June] of 2025 as compared to the same month in 2024, there’s a remarkable improvement in terms of the revenue collection.”

The Minister attributed the improved performance to enhanced operational efficiency and ongoing initiatives aimed at reducing system losses and improving payment compliance.

In a related development, Mr Jinapor also announced plans to introduce a legislative instrument in Parliament to impose stiffer penalties on individuals who illegally install electricity meters for consumers.

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He noted that while some offenders have been arrested and prosecuted, the current sanctions have failed to serve as a sufficient deterrent to discourage such illegal activities.

“We need stronger penalties to curb this practice. The illegal installation of electricity meters undermines the financial sustainability of ECG and poses safety risks to the public,” the Minister stressed.

The move, he explained, is part of broader efforts to safeguard the integrity of the power distribution system and ensure the company’s long-term viability.

Tags: Collects GHS 1.6 Billion in First Half of 2025ECGECG Records Revenue Growth

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