Illegal Connections Cause ECG To Lose $400 Million
Dr. Matthew Opoku-Prempeh, Ghana’s Energy Minister, has revealed that the Electricity Company of Ghana (ECG) loses roughly $400 million each year due to illicit connections.
The Minister stated the amount of money ECG fails to collect is mostly made up of commercial losses and collection losses during a news conference on Wednesday.
“I mean theft; those who are stealing metres, those who are bypassing their metres, those whose metres are not working, and those who don’t even have metres but also have electricity,” the minister said.
According to Dr. Opoku-Prempeh, if these illegalities that result in debt accumulation continue, ECG would struggle to stay afloat.
According to him, “that ECG loss is our inability to pay or our willingness to pay our power theft.”