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ECG Records GH₵1.74 Billion in July Revenue 

Prince Agyapongby Prince Agyapong
September 26, 2025
Reading Time: 5 mins read
Prince Agyapongby Prince Agyapong
in Extractives/Energy
0
ECG Records GH₵1.74 Billion in July Revenue 

Electricity Company of Ghana (ECG)

The Electricity Company of Ghana (ECG) has announced a significant milestone in its financial performance, revealing that it recorded its highest-ever monthly revenue of GH₵1.74 billion in July 2025. 

Briefing Parliament’s Energy Committee, Acting Managing Director Engineer Julius Kpekpena said the achievement reflected the company’s ongoing reforms to strengthen internal systems, plug revenue leakages, and improve customer service delivery. 

“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.” 

Acting Managing Director Engineer Julius Kpekpena

According to him, the landmark revenue achievement is the outcome of robust monitoring systems, improved accountability structures, and intensified enforcement measures that are now reshaping how ECG operates. 

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Kpekpena e1758895485208
Acting Managing Director Engineer Julius Kpekpena

Mr. Kpekpena assured Parliament that the company was not only focusing on revenue mobilisation but also on addressing longstanding customer service concerns. 

“We want to reduce the frustration Ghanaians face in getting power supply or in getting meters.

“We know we have some issues in some of the districts and regions, and we are working to resolve those. But internally, we are working on those processes, and we are making progress.” 

Acting Managing Director Engineer Julius Kpekpena

The ECG boss acknowledged persistent delays in meter acquisition and customer complaints about service lapses but insisted that reforms were underway to streamline operations and reduce bureaucratic bottlenecks. 

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Clarifying the 220% Tariff Controversy 

pURC edited
PURC Deepens ECG Partnership

ECG’s recent request to the Public Utilities Regulatory Commission (PURC) for a 220% increase in distribution service charges has drawn heavy public criticism, with many consumers fearing a sharp rise in electricity tariffs. 

However, Mr. Kpekpena clarified that the request does not amount to a demand for higher tariffs for end users. 

“ECG has asked for a certain percentage increase in the distribution service charge, not in how much customers will pay us.

“And so, ECG is not asking that customers’ tariff should be increased by 220%, absolutely not.” 

Acting Managing Director Engineer Julius Kpekpena

He explained that the company’s proposal to PURC seeks only to correct a structural imbalance in the tariff regime. Currently, ECG receives just 12% of the tariff component, compared to an industry expectation of about 40%. 

“We are appealing to the PURC to correct that distortion.

“So, the distribution service charge can go up without necessarily increasing the end-of-year tariff.” 

Acting Managing Director Engineer Julius Kpekpena

The acting MD argued that failure to address the distortion undermines ECG’s ability to maintain infrastructure, extend distribution lines, and provide reliable power supply.  

“Distribution is the last mile of the electricity supply chain. If ECG is underfunded, the entire value chain suffers.” 

Acting Managing Director Engineer Julius Kpekpena

Balancing Revenue and Consumer Interest 

Working on ECG transmission lines
Working on ECG transmission lines

The parliamentary briefing comes at a time when electricity tariffs remain a contentious national issue, with households and businesses already grappling with high utility costs.  

Mr. Kpekpena sought to reassure Ghanaians that ECG’s reforms aim to balance financial sustainability with consumer protection. 

“Our request is not about burdening the customer.

“It is about ensuring that the company has the resources to deliver better service, maintain infrastructure, and reduce system losses. That is what will ultimately benefit customers.” 

Acting Managing Director Engineer Julius Kpekpena

ECG’s record revenue collection in July could boost confidence in the utility’s ability to turn around its finances and reduce dependency on government bailouts.  

However, concerns remain about whether these gains can be sustained in the long term, especially given challenges with illegal connections, non-payment of bills, and mounting debts owed by government institutions. 

The Energy Committee of Parliament is expected to scrutinize ECG’s financial and operational reforms in greater detail before making recommendations to PURC.  

Some MPs have already indicated that they will push for more transparency in ECG’s operations, particularly in relation to debt recovery, procurement, and customer service delivery. 

READ ALSO: Market Cheers as Ghana’s Treasury Auction Breaks Four-Week Drought with 15.8% Oversubscription

Tags: ECG GhanaECG Revenue Collectionelectricity tariffs GhanaGhana energy sectorPURC tariff review
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