ECG MD proposes increase in tariff to enable it operate efficiently

Pulse News

April 8, 2021 10:19 PM

The Managing Director of the Electricity Company of Ghana (ECG), Kwame Agyeman-Budu is suggesting an increase in tariff to support the company’s operational activities.

Managing Director of the ECG, Kwame Agyeman-Budu

He made the proposal at a forum in Accra on Thursday, April 8, 2021.

According to him, ECG needs more funds to function properly and effectively.

The Managing Director of the company, opined he is aware that the proposal will only materialize after approval from the Public Utilities and Regulatory Commission (PURC).

“We need money to do it [improve]. If we get the increase we will love it [but] that will be up to the PURC because, no matter what we propose, they will ultimately decide.”

“In terms of distribution, we need support, because we have to do upgrades to make sure the system is sustainable. We don’t wait till something is broken before we fix it. We need additional funds to upgrade our systems at all times,” he added.

Currently, lifeline consumers who are classified as poor and low-income earners pay GHS16 for the power consumed and extra GHS2.13 as service charge, making it a total of about GHS18.

Meanwhile, a former ranking member of Parliament’s Mines and Energy committee, Mutawakilu Adam has kicked against the proposal, insisting that the ECG has not demonstrated efficiency in its operations to merit an increase in tariffs.

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