Revenue Efficiency ECG raises GHC2million one month after nationwide inspection

The exercise which was started last month nationwide  forms parts of efforts to make the company more financial viable.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

The Electricity Company of Ghana- ECG has raised over GHC2 million in one month. This is after the company embarked on an intensive inspection to check and prosecute all illegal connections to the grid and irresponsible customers who owe debts.

The exercise which was started last month nationwide  forms parts of efforts to make the company more financial viable.

ECG has come under a lot of flack for its operational losses  to theft and unredeemed debts by customers. One of the biggest defaulters of electricity bill  are governmental institutions and educational institutions.

The excercise  is also geared towards assuring investors in the power sector like Independent power producers that their investment will be safe, because the ECG who is the only off-taker will redeem its obligations by efficiently collecting all revenues from its customers.

Speaking on steps being taken to make the ECG more efficient, acting director of the company, Robert Dwamena says the company is determined to recover all monies owed it

" We  are embaking on strategies that will ensure that we are able to recover all monies due us.  We are committed to recovering all our revenue and not less than 10 per cent of our debts"

Mr. Dwamena also revealed how the excersice has gone one month on.

" We have started in Accra, Dodowa, Roman Ridge, Makola and Legon District, and we have raised about GHC2 million. So all who owe bills, and have done illegal connections must be careful."

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Poverty Gap Ghana’s policies make the rich wealthier – UNbullet
2 Job Creation Nation Builders Corps to be launched end of April - Bawumiabullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Menzgold Ghana Investment company closes down its Gold Vault Marketbullet
5 Salaries In 2018 Here are the dates public workers will be paid...bullet
6 SSNIT Scandal 10 SSNIT staff with fake certificates dismissed...bullet
7 NPP government Ghana Beyond Aid is fight for economic...bullet
8 In Upper East 2 men killed in daylight bank robberybullet
9 Retirement How to calculate your SSNIT pensionbullet
10 $100K Saga Presidency denies having knowledge of...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
3 Money Alert Meet Africa's richest womanbullet
4 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
5 Support Finance minister buys Kantanka carbullet
6 Plane Crash Starbow suspends operations following plane crashbullet

Business