In the wake of disagreements about the government’s decision to impose a new Value Added Tax (VAT) on electricity consumers beyond the lifeline threshold, the Electricity Company of Ghana (ECG), the implementing agency, has raised concerns about the law imposing the tax. Although ECG and the Northern Electricity Distribution Company (NEDCO) had been directed to […]
Tag: ECG
It’ll be an exercise in futility if tariff increase won’t resolve ECG’s debt accumulation – Kodzo Yaotse
The Policy Lead for Petroleum and Conventional Energy at the Africa Centre for Energy Policy (ACEP), Kodzo Yaotse, has joined calls for the Value Added Tax (VAT) on electricity to be scrapped. The government in its instruction to the Ghana Revenue Authority (GRA) tasked it to collaborate with the Electricity Company of Ghana (ECG) and […]
Prof. Adei slams government’s decision to impose VAT on domestic power consumption, describes it as counterproductive
Economist and former Board Chair of the Ghana Revenue Authority (GRA), Prof. Stephen Adei, is kicking against the newly introduced VAT on domestic electricity consumption. He insists it will worsen the plight of consumers and make businesses uncompetitive. His comments come on the back of a government directive to the GRA to liaise with the […]
ECG lost GH¢2.4 million during Volta floods
The Electricity Company of Ghana (ECG) lost GH¢2.4 million for unserved energy as a result of the disastrous floods which hit Tongu and other parts of the Volta Region last year. The floods prompted the shutting down of the Sogakope power substation of the company. Further, the power network of the region had to be […]
Why ECG revenue has increased to around GH¢1.2bn monthly from GH¢450m
Vice President Dr. Mahamudu Bawumia has explained the processes leading to the soaring revenues of the Electricity Company of Ghana (ECG). He said prior to the digitisation of ECG’s operations, the power supply company was making an amount of GH¢450 million a month. That figure of GH¢450 million was constant, and repeated for a period […]
ECG retrieves in excess of GH¢2billion from debt in one month – MD
The Managing Director of the Electricity Company of Ghana (ECG) has disclosed that the company has been able to retrieve in excess of GH¢2billion from debt in the last one month following the debt retrieval exercise the company embarked upon. The ECG MD, Samuel Dubik Mahama disclosed this in separate radio interviews monitored by Graphic Online on […]
Why ECG disconnected the Osu Police Barracks from power supply
The national revenue mobilization taskforce of the Electricity Company of Ghana (ECG) has disconnected power supply to three blocks at the Police Barracks in Osu, Accra, due to an illegal connection. During a routine check to recover debts owed by customers, the task force discovered the unlawful connection, which involved the direct connection of power […]
ECG restores power to Keta vaccine storage
Power has been restored at the Keta Municipal Health Directorate which houses the vaccine store of the municipality. This comes hours after the Daily Graphic published a story on how vaccines for routine immunisation, including recent deliveries, risked getting expired at the directorate because the Electricity Company of Ghana (ECG) had disconnected power supply to […]
ECG disconnects power to Keta vaccine storage – Medicines risk going waste
Vaccines for routine immunisation, including new deliveries received last week, risk going waste at the Keta Municipal Health Directorate because the Electricity Company of Ghana (ECG) has disconnected power supply to the facility for the non-payment of bills. This is in spite of the government classifying some health facilities, including vaccine stores, operating theatres, medical […]
ECG begins exercise to recover GH¢5.7b arrears
The Electricity Company of Ghana (ECG) is embarking on a nationwide revenue mobilisation exercise from today to recover all unpaid bills amounting to GH¢5.7 billion from its customers. The exercise, which will last for a month, targets domestic users, businesses, organisations, ministries, departments and state agencies for power already consumed from 2022 to February this […]
Why ECG is closing its offices for one month from March 20
The Electricity Company of Ghana (ECG) has announced that it will shut down all its offices nationwide, starting from Monday, March 20, 2023. The utility provider in a public notice said the temporary closure was aimed at conducting a revenue mobilization exercise that will span a month and end on Thursday, April 20, 2023. During […]
ECG can’t trace directors of 23 indebted companies
The Electricity Company of Ghana (ECG) cannot trace the directors of 23 companies that are indebted to it to the tune of millions of Ghana cedis. The 23 companies — which are not operating — are mostly steel firms, and are part of 27 companies that were indebted to the ECG to the tune of […]