According to the Director of Communications at the Electricity Company of Ghana (ECG), the utility company is bankrupt and needs to be resurrected as soon as possible.
He claimed that the company’s financial quagmire has largely contributed to its inability to meet public demands in the manner that it should have over the years.
In an interview with JoyNews cited by Vesta Daily, he stated that the company’s current challenge has affected all aspects of its service provision to the public, even when the service is paid for.
“We are struggling to meet the demand for even service connection,” he said. You can check if people have paid, sometimes for a month, and have not been serviced. We have some meters on hand.
“And this is like, as you made mention, low hanging fruits for example when the person is ready to pay, so what is the problem? And we can’t even, I mean, people call you as if when you want service you’re supposed to know somebody, something that somebody is paying for.”
He explained that the company has been struggling in recent times to acquire prepaid meters as they are expensive, and are not supposed to be sold to the public at the commercial average translating to losses for the company.
“But the meters are not there because they’re expensive, they’re subsidized so we’re not allowed to charge the commercial average of the meters we’re buying and so we have to get the money to buy and still we don’t make it. So these are challenges that we think that you need to meet halfway,” he said.
He stated that the company’s inability to recoup funds spent on service provision has resulted in both logistical and personnel issues.
He is optimistic that after submitting their proposal to the Public Utilities Regulatory Commission (PURC) for a 143 per cent increase in electricity tariffs, an approval will help the company’s financial strength to finally meet Ghanaians’ demands.