The Electricity Company of Ghana (ECG) has hit a historic milestone, raising GH¢1.74 billion in revenue in July 2025, marking the highest monthly collection in the company’s history. Acting Managing Director Julius Kpekpena revealed the record figures during a parliamentary session before the Select Committee on Energy on Friday, September 26, 2025.
According to Mr. Kpekpena, the impressive revenue growth stems from a series of reforms aimed at improving revenue mobilisation and strengthening internal controls. “This achievement reflects our commitment to transparency and efficiency,” he told lawmakers, highlighting the company’s ongoing drive to optimise operations and enhance service delivery across the country.
Key reforms include the termination of 202 out of 347 contracts identified as questionable, ensuring public funds are safeguarded. ECG also renegotiated its partnership with Hubtel, reducing commission fees from 3 percent to 1.65 percent. Mr. Kpekpena emphasised that the company is not seeking an increase in electricity tariffs but rather a revision of the distribution service charge to support operational sustainability.
The Acting MD further revealed that ECG has successfully traced and relocated over 1,000 containers previously reported missing at the ports, a move expected to improve logistical efficiency and reduce losses. Parliamentarians praised these efforts, with the Chairman of the Committee on Energy and Ho West MP, Emmanuel Kwasi Bedzra, commending ECG and the Volta River Authority (VRA) for their commitment to sustaining reliable power supply nationwide.
At the same session, VRA appealed for parliamentary support to empower the Authority to manage at least 80 percent of Ghana’s power generation market. Mr. Bedzra assured that the Committee would continue proactive oversight, stating, “We will not act as armchair observers; our goal is to understand challenges and collaborate with agencies to find effective solutions for the energy sector.”
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