Afenyo-Markin calls for ECG reforms to curb revenue losses and tariff increases
Minority Leader Alexander Afenyo-Markin has called for structural reforms at the Electricity Company of Ghana (ECG), arguing that improved revenue collection, operational efficiency and financial discipline are key to addressing the company’s financial challenges. He said ECG must tackle systemic inefficiencies and revenue leakages rather than continue to rely on tariff increases that place…
Minority Leader Alexander Afenyo-Markin has urged the Electricity Company of Ghana (ECG) to undergo structural reforms to address its financial challenges. He emphasized the importance of improving revenue collection, operational efficiency, and financial discipline over relying on tariff increases. Speaking at a luncheon for former ECG leaders, Afenyo-Markin noted that significant progress has been made in reducing ECG's losses through the company's Loss Reduction Programme.
However, he stressed that these gains would not last if ECG continues to deal with persistent revenue leakages such as faulty meters, inaccurate bills, and illegal connections. Afenyo-Markin proposed several reforms, including a centralized customer database, smart prepaid meters, and stronger field inspection teams. He also proposed renegotiating existing power purchase agreements and instituting automatic deductions for arrears owed to ECG by public institutions.
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